Mera Samvidhaan All of Sale of Goods Act, 1930

Chapter II · Formation of the Contract

9Ascertainment of price.

Section 9 · Chapter II · The price · page 6 of the Act

(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.

Section 9 of The Sale of Goods Act, 1930 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.