In any contract, the price must be determined or at least determinable. The parties may specify in the contract the essential elements by which the price could be determined in the future.
The determination of the price cannot be left to the subsequent appreciation of the parties or of one of them and not even the court cannot determine the price.
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5. C?l?ra?i County Court, Civil Decision no. 1652/30.08.2006 (unpublished).
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8. Bucharest Court of Appeal, Section 6th Commercial, Commercial Decision no. 88/14.02.2007 (unpublished).
GORUN, D. (2017). Theoretical and Practical Matters Regarding the Price Determination in Commercial Contracts. International Journal of Academic Research in Business and Social Sciences, 7(4), 652-659.
Copyright: © 2017 The Author(s)
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