Section 9 of the Sale of Goods Act, 1930 provides for:
Under section 9, the price may be fixed by the contract, by a method agreed in it, or by the parties’ course of dealing. If none of these determines it, the buyer must pay a…
Choose your answer
Section 9 of the Sale of Goods Act, 1930 provides for:
Answer and explanation
Correct answer B
Under section 9, the price may be fixed by the contract, by a method agreed in it, or by the parties’ course of dealing. If none of these determines it, the buyer must pay a reasonable price. Section 10 deals separately with agreements to sell at a third party’s valuation.
Option feedback
Option A
Incorrect. Section 10 specifically addresses an agreement to sell at a third party’s valuation.
Option B
Correct. Section 9 deals with ascertainment of price and sets a reasonable-price rule where the price has not been determined.
Option C
Incorrect. Sections 12 to 17 deal with conditions and warranties.
Option D
Incorrect. Section 8 addresses specific goods that perish after the agreement to sell and before risk passes to the buyer.
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