ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    Question

    Where there is an agreement to sell goods on the terms

    that┬а the price is to be fixed by thwe valuation of a third party & such third party cannot or does not make such valuation.
    A the agreement is void Correct Answer Incorrect Answer
    B the agreement is avoided Correct Answer Incorrect Answer
    C the agreement is valid Correct Answer Incorrect Answer
    D the agreement is voidable Correct Answer Incorrect Answer

    Solution

    Sales of Goods Act: Section 10 Agreement to sell at valuation: (1) ┬аWhere there is an agreement to sell goods on the terms that the price is to be fixed by the valuation of a third party and such third party cannot or does not make such valuation, the agreement is thereby avoided: Provided that, if the goods or any part thereof have been delivered to, and appropriated by, the buyer, he shall pay a reasonable price therefor.

    Practice Next
    More Banking Related Laws Questions
    ask-question