Alice and Bob enter into a contract for the development of a mobile application. The contract states that Alice will "deliver the final product in a timely manner." After several delays, Bob refuses to pay the remaining balance, claiming that the term "timely manner" was not clearly defined. How should a court interpret the term "timely manner" in this context?
The term "timely manner" is too vague, rendering the contract unenforceable.
The court will consider Alice's subjective reasoning for the delays in determining the meaning of "timely manner."
The court will interpret "timely manner" based on the standard practices in the software development industry.
The court will allow Bob to define "timely manner" based on his expectations.
The term "timely manner" is interpreted based on its ordinary meaning in the context of software development. Courts look to the standard practices in the industry to determine what constitutes timely delivery, rather than deferring to the parties' subjective interpretations or deeming the term too vague.
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