alleryStart learning →If the price is not determined in any agreed way, the buyer pays:
AThe highest market price
BThe seller's cost price
CA reasonable price
DThe buyer's own estimate
Answer & Solution
Correct answer: C. A reasonable price
Failing any determination, the Act requires payment of a reasonable price.
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The Indian Sale of Goods Act, 1930 borrowed heavily from which law?In a sale by sample, the bulk must correspond with the sample in:In a sale by sample, the buyer is impliedly entitled to:A contract is a sale by sample when it has:An express warranty or condition, as to implied ones:An implied condition about quality or fitness may be annexed by:An implied condition of merchantable quality applies if goods are bought from a seller whoAn implied condition of fitness arises when the buyer: