Practice point: A definite term of duration need not be relayed in express terms, and may be implied. In the absence of an express term fixing the contract's duration, a court supply the missing term, so long as a duration may be fairly and reasonably fixed by the surrounding circumstances and the parties' intent.
Student note: Contracts containing no definite term of duration are terminable at will.
Case: Bennett v. Atomic Prods. Corp., NY Slip Op 07806 (2d Dept. 2015)
Here is the decision.
Tomorrow's issue: Contractual indemnification.
