Section 547: Determining price of goods

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1) Except as otherwise provided for in the contract, the price of goods shall be determined in the manner agreed upon in the contract under the terms and conditions of the contract, or by the course of dealing between the parties.

2) If the price of goods is determined according to their weight and measurement, the price of goods shall be determined on the basis of the net weight and measurement of such goods, except as otherwise provided for in the contract.

3) If the price of goods cannot be determined under sub-section (1) or (2), the buyer shall pay the seller a reasonable price, taking into account the relevant circumstances.

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Section 547: Determining price of goods

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