Art. 73–75: Price Determination

Abstract

The CESL offers a detailed solution for the determination of the price to be paid in exchange for goods by offering an approach which sticks to the validity of the contract. Within the system of the CESL, this approach is not in line with the open concept of the CESL towards a variety of remedies, including the quite easy termination of the contract. However, this reluctant approach towards the termination of the contract in the case that the price is not determined is well in line with the general approach of good faith and fair dealing inherent to the CESL, European, and international trade.