If a contract for the sale of goods does not state the price to be paid,the:

Question

Quizplus · Accepted Answer

If the price is not stated in the contract for the sale of goods, the buyer is required to pay a reasonable price for the goods. This is based on the principle of "reasonable price" under the Uniform Commercial Code (UCC) which governs sales of goods. The UCC provides that in the absence of an agreement between the parties as to the price, the price will be the "reasonable price" at the time of delivery.

If a Contract for the Sale of Goods Does Not