Money v Ven-Lu-Ree Ltd - [1988] 2 NZLR 414

Contract — Formation — Certainty as to essential terms — Parties agreed to sale of shares with valuation to be assessed by each side's accountant — No express provision as to how valuation would be settled if accountants failed to agree — Whether sufficient certainty as to price — Whether true effect of agreement was that parties had agreed to be contractually bound to buy and sell at a fair valuation to be objectively assessed — Whether term should be implied that any difference between accountants be resolved by arbitration.