Hong Kong Ordinances

SALE OF GOODS ORDINANCE - SECT 10

Ascertainment of price

Price

(1) The price in a contract of sale may be fixed by the contract, or may be
left to be fixed in manner thereby agreed, or may be determined by the course
of dealing between the parties.

(2) Where the price is not determined in accordance with the foregoing
provisions, the buyer must pay a reasonable price. What is a reasonable price
is a question of fact dependent on the circumstances of each particular case.