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Code · Wisconsin · Chapter 402 — Uniform commercial code — sales

402.305 Open price term.

65 words·~1 min read·/wi/chapter-402/402-305

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402.305 Open price term.
(1)The parties if they so intend can conclude a contract for sale even though the price is not settled. In such a case the price is a reasonable price at the time for delivery if:
(a)Nothing is said as to price; or
(b)The price is left to be agreed by the parties and they fail to agree; or
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