{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/59.1-503.5.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/59.1-503.5.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/59.1-503.5.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/59.1-503.5.html"}],"law_id":78438,"edition_id":1,"section_id":78438,"structure_id":15655,"section_number":"59.1-503.5","catch_line":"Terms to be specified","history":"2000, cc. 101, 996.","full_text":"An agreement that is otherwise sufficiently definite to be a contract is not invalid because it leaves particulars of performance to be specified by one of the parties. If particulars of performance are to be specified by a party, the following rules apply:\n\n1\n\nSpecification must be made in good faith and within limits set by commercial reasonableness.2\n\nIf a specification materially affects the other party’s performance but is not seasonably made, the other party:A\n\nis excused for any resulting delay in its performance; andB\n\nmay perform, suspend performance, or treat the failure to specify as a breach of contract.","order_by":null,"text":{"0":{"id":281159,"text":"An agreement that is otherwise sufficiently definite to be a contract is not invalid because it leaves particulars of performance to be specified by one of the parties. If particulars of performance are to be specified by a party, the following rules apply:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":281160,"text":"Specification must be made in good faith and within limits set by commercial reasonableness.","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":281161,"text":"If a specification materially affects the other party’s performance but is not seasonably made, the other party:","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1","next_prefix":"2A"},"3":{"id":281162,"text":"is excused for any resulting delay in its performance; and","type":"section","prefixes":["2","A"],"prefix":"A","entire_prefix":"2A","prefix_anchor":"2A","level":2,"prior_prefix":"2","next_prefix":"2B"},"4":{"id":281163,"text":"may perform, suspend performance, or treat the failure to specify as a breach of contract.","type":"section","prefixes":["2","B"],"prefix":"B","entire_prefix":"2B","prefix_anchor":"2B","level":2,"prior_prefix":"2A"}},"ancestry":[{"id":15655,"edition_id":1,"name":"Construction","identifier":"3","label":"article","depth":3,"order_by":1,"parent_id":12900,"metadata":{},"date_created":"2026-06-26 03:57:25","date_modified":"2026-06-26 03:57:25","permalink":{"id":262043,"object_type":"structure","relational_id":15655,"identifier":"3","token":"59.1\/43\/3","url":"\/59.1\/43\/3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12900,"edition_id":1,"name":"Uniform Computer Information Transactions Act","identifier":"43","label":"chapter","depth":2,"order_by":1,"parent_id":12809,"metadata":{},"date_created":"2026-06-26 03:44:00","date_modified":"2026-06-26 03:44:00","permalink":{"id":261885,"object_type":"structure","relational_id":12900,"identifier":"43","token":"59.1\/43","url":"\/59.1\/43\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12809,"edition_id":1,"name":"Trade and Commerce","identifier":"59.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:54","date_modified":"2026-06-26 03:43:54","permalink":{"id":259521,"object_type":"structure","relational_id":12809,"identifier":"59.1","token":"59.1","url":"\/59.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":83932,"structure_id":15655,"section_number":"59.1-503.1","catch_line":"Parol or extrinsic evidence","url":"\/59.1-503.1\/","token":"59.1\/43\/3\/59.1-503.1","metadata":false},{"id":82275,"structure_id":15655,"section_number":"59.1-503.10","catch_line":"Licenses to nonprofit libraries, archives or educational institutions","url":"\/59.1-503.10\/","token":"59.1\/43\/3\/59.1-503.10","metadata":false},{"id":82998,"structure_id":15655,"section_number":"59.1-503.11","catch_line":"Reserved","url":"\/59.1-503.11\/","token":"59.1\/43\/3\/59.1-503.11","metadata":false},{"id":59844,"structure_id":15655,"section_number":"59.1-503.2","catch_line":"Practical construction","url":"\/59.1-503.2\/","token":"59.1\/43\/3\/59.1-503.2","metadata":false},{"id":84002,"structure_id":15655,"section_number":"59.1-503.3","catch_line":"Modification and rescission","url":"\/59.1-503.3\/","token":"59.1\/43\/3\/59.1-503.3","metadata":false},{"id":83411,"structure_id":15655,"section_number":"59.1-503.4","catch_line":"Continuing contractual terms","url":"\/59.1-503.4\/","token":"59.1\/43\/3\/59.1-503.4","metadata":false},{"id":78438,"structure_id":15655,"section_number":"59.1-503.5","catch_line":"Terms to be specified","url":"\/59.1-503.5\/","token":"59.1\/43\/3\/59.1-503.5","metadata":false},{"id":69400,"structure_id":15655,"section_number":"59.1-503.6","catch_line":"Performance under open terms","url":"\/59.1-503.6\/","token":"59.1\/43\/3\/59.1-503.6","metadata":false},{"id":62393,"structure_id":15655,"section_number":"59.1-503.7","catch_line":"Interpretation and requirements for grant","url":"\/59.1-503.7\/","token":"59.1\/43\/3\/59.1-503.7","metadata":false},{"id":71642,"structure_id":15655,"section_number":"59.1-503.8","catch_line":"Repealed","url":"\/59.1-503.8\/","token":"59.1\/43\/3\/59.1-503.8","metadata":false},{"id":72362,"structure_id":15655,"section_number":"59.1-503.9","catch_line":"Agreement for performance to party's satisfaction","url":"\/59.1-503.9\/","token":"59.1\/43\/3\/59.1-503.9","metadata":false}],"previous_section":{"id":83411,"structure_id":15655,"section_number":"59.1-503.4","catch_line":"Continuing contractual terms","url":"\/59.1-503.4\/","token":"59.1\/43\/3\/59.1-503.4","metadata":false},"next_section":{"id":69400,"structure_id":15655,"section_number":"59.1-503.6","catch_line":"Performance under open terms","url":"\/59.1-503.6\/","token":"59.1\/43\/3\/59.1-503.6","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/59.1-503.5\/","history_text":"

This law was first created in 2000. The record of its establishment is cataloged in chapters 101<\/a> and 996<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":[{"id":80445,"section_number":"59.1-501.13:1","catch_line":"Opportunity to review","order_by":null,"url":"\/59.1-501.13_1\/"}],"refers_to":false,"permalink":{"id":262069,"object_type":"law","relational_id":78438,"identifier":"59.1-503.5","token":"59.1\/43\/3\/59.1-503.5","url":"\/59.1-503.5\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/59.1-503.5\/","token":"59.1\/43\/3\/59.1-503.5","dublin_core":{"Title":"Terms to be specified","Type":"Text","Format":"text\/html","Identifier":"\u00a7 59.1-503.5","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

An agreement that is otherwise sufficiently definite to be a contract<\/span> is not invalid because it leaves particulars of performance to be specified by one of the parties. If particulars of performance are to be specified by a party<\/span>, the following rules apply:<\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> Specification must be made in good faith and within limits set by commercial reasonableness. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> If a specification materially affects the other party<\/span>’s performance but is not seasonably made, the other party<\/span>: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

A.<\/span> is excused for any resulting delay in its performance; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> may perform, suspend performance, or treat the failure to specify as a breach of contract<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nTERMS TO BE SPECIFIED (\u00a7 59.1-503.5)\n\nAn agreement that is otherwise sufficiently definite to be a contract is not\ninvalid because it leaves particulars of performance to be specified by one of\nthe parties. If particulars of performance are to be specified by a party, the\nfollowing rules apply:\n\n1. Specification must be made in good faith and within limits set by commercial\nreasonableness.\n\n2. If a specification materially affects the other party’s performance but\nis not seasonably made, the other party:\n\n A. is excused for any resulting delay in its performance; and\n\n B. may perform, suspend performance, or treat the failure to specify as a\n breach of contract.\n\nHISTORY: 2000, cc. 101, 996.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}