If a contract of sale stipulates that price will be fixed by a third p – McqOptions

MCQOPTIONS

1.	If a contract of sale stipulates that price will be fixed by a third party on valuation of the goods, and the third party shows inability to do so, then,
A.	the agreement is void
B.	the buyer shall pay reasonable price
C.	the buyer shall pay market price
D.	the agreement is valid
Answer» B. the buyer shall pay reasonable price

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