When a consideration is executory, it is not indispensable that the contract should specify its amount or the means of ascertaining it. It may be left to the decision of a third person, or regulated by any specified standard.
Cal. Civ. Code § 1610
Consideration
Applied in 4 court decisions — leading case 26 Cal. 2d 92 - Bewick v. Mecham (1945)
Most recently applied in Moncada v. West Coast Quartz Corp. CA6 (October 2013)
Enacted 1872.
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.