Victorian Consolidated Legislation

Goods Act 1958 - SECT 13

Ascertainment of price

13. Ascertainment of price



(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 must pay a reasonable price. What is a reasonable price
is a question of fact dependent on the circumstances of each particular case.