Sale of Goods Act, 1930
← Sale of Goods Act, 1930
II — FORMATION OF THE CONTRACT · Section 9

Ascertainment of price

Not yet verified with the latest version of the bare act.
Text as per India Code

(1) The price in a contract of sale may be fixed by the contract or may be left to be fixed in manner thereby agreed or may be determined by the course of dealing between the parties.

(2) Where the price is not determined in accordance with the foregoing provisions, the buyer shall pay the seller a reasonable price. What is a reasonable price is a question of fact dependent on the circumstances of each particular case.

Judgments on Section 9