Section 9Part 2 — Formation of the Contract
Ascertainment of price
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The price in a contract of sale may be fixed by the contract, left to be fixed in manner thereby agreed or determined by the course of dealing between the parties.
Where the price is not determined under subsection (1), the buyer must pay a reasonable price. What is a reasonable price is a question of fact dependent on the circumstances of each particular case.
Defined Terms
price