199: Reasonable price and reasonable time are questions of fact
You could also call this:
“Figuring out fair prices and times when buying things”
When the law talks about a reasonable price or a reasonable time in the sale of goods, it means that these things are not fixed. Instead, they depend on the specific situation.
If you’re wondering what a reasonable price or time is in a particular case, it’s not something that’s decided beforehand. It’s a question of fact. This means that someone will need to look at all the details of the situation to figure out what’s reasonable.
For example, if you’re buying something and the law says it should be sold at a reasonable price, what’s reasonable might depend on things like what the item is, where you’re buying it, or when you’re buying it. The same goes for reasonable time - what’s considered reasonable might change based on the circumstances.
Remember, this applies to the parts of the law that deal with selling goods. So if you’re ever in a situation where you’re not sure if a price or time is reasonable, know that it’s something that needs to be figured out based on the facts of your specific case.
