True or false? Norman Homes is a residential home builder. Norman Homes is planning on building either three or four homes during the next year, if they can line up enough customers. Even though Norman Homes does not know how many jobs or how much lumber they will need, they have signed a contract agreeing to purchase all of the lumber that they require from a local lumberyard. The lumberyard offered a significant discount for signing the contract now instead of waiting until the jobs are confirmed. The contract is invalid because it does not state an amount of lumber that will be purchased by Norman Homes.

- True

- False