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Collins runs a second-hand shop and offers to sell to Phillip a chest of drawers worth more than $2,500. Phillip agrees to buy the chest
Collins runs a second-hand shop and offers to sell to Phillip a chest of drawers worth more than $2,500. Phillip agrees to buy the chest and signs a contract for the purchase. The price of the chest, however, is left out of the contract. Do Collins and Phillip have a contract? And if so, what will be the price of the chest?
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