Under the Code, if the parties have reached no agreement on price, the price is a reasonable one at the time of making the contract.

Name: Under the Code, if the parties have reached no agreement on price, the price is a reasonable one at the time of making the contract.
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Under the Uniform Commercial Code (UCC), if the parties have not agreed on a price, the price is a reasonable one at the time of delivery, not at the time of making the contract.

Under the Code, If the Parties Have Reached No Agreement