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Where the Parties Fail to State a Price in a Sale

question 69

Essay

Where the parties fail to state a price in a sale of goods transaction, what effect will the Sale of Goods Act have on that agreement?


Definitions:

Instrumentality

The perception that a specific behavior will lead to a particular outcome.

Corporate Ladder

A metaphorical depiction of a hierarchy within a corporation, where individuals can ascend through promotions and career advancement.

Instrumentality

The perception of a relationship between performance and the attainment of desired outcomes or rewards.

Expectancy

The state of thinking or hoping that something, especially something pleasant, will happen or be the case.

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