Price - sales of goods, Finance Basics

Price - Sales of Goods

Like where section 10 provides such the price for goods may like fixed by like:

(i) Contract; and one is

(ii) The manner provided within the contract; and one is

(iii) The course of dealing of the parties also.

The price is not certain or else determined as foresaid then the buyer must pay a reasonable price there. Although when the contract denoted that the price is to be fixed through the valuation of a third party and then so he does not make the valuation such contract is unvoiced. Whether the goods like  part of them have been delivered to and appropriated through the buyer he must pay such reasonable price for them. However if the failure to value is like a result of the fault of the buyer or of seller so than he must pay damages there.

Posted Date: 1/31/2013 3:07:23 AM | Location : United States

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