In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Sale of Goods Act 1979 · 2020 Revised Edition · Part 2 · Formation of the Contract
8. Ascertainment of price
Feedback & support(1)
The price in a contract of sale may be fixed by the contract, or may be left to be fixed in a manner agreed by the contract, or may be determined by the course of dealing between the parties.
contract of sale
Defined · s 61
“contract of sale” includes an agreement to sell as well as a sale;
(2)
Where the price is not determined as mentioned in subsection (1), the buyer must pay a reasonable price.
(3)
What is a reasonable price is a question of fact dependent on the circumstances of each particular case.