Legal Encyclopedia. Letter C

PRICE

- The amount paid by one party to the other for the provision of goods or services.

Ts is determined by agreement of the parties or established by the authorized state bodies.

Free contract C. (determined by agreement between the parties) corresponds essentially a market economy, where Ts is determined by supply, demand, purchasing power, competition and other economic factors. Ts affects production.

As the formation of market relations the number of established and regulated by the authorized state bodies Ts is reduced.

Ts sometimes called fixed, determined as a fixed sum.

Ts are determined:

1) by setting limits on the level of C .;

2) by establishing a ratio C .;

3) by setting the level of profitability.

In most types of contracts Ts does not apply to material conditions. The exception is the purchase and sale agreements

real estate and businesses. They Ts agreed by the parties in writing. In the absence of harmonized conditions for the real estate contract is considered Ts

concluded.

The essential terms of the contract Ts applies when the agreement between the parties provides for the sale of goods on credit with payment by installments.

The contract may be installed provided the specific Ts or its determination procedure. In a public contract and the merger agreement Ts is determined by one party. In a public contract Ts set is the same for all consumers, except in cases when the law or other legal act may be providing benefits to certain categories of consumers. If a valid set (fixed) Ts, this is reflected in the contract.

When regulated Ts Ts is determined by taking into account the established limit Ts or size factor. Terms of the agreement, violates established or regulated Ts are considered invalid, and the payment made by the consumer (buyer, customer) of goods, services, work carried out according to established or regulated by state bodies Ts

Ts should be expressed in rubles, but the definition of Ts may be in an amount equivalent to the amount of stable foreign currency (dollars, etc..) Or conventional monetary units.

You can include in the contract terms of the order and the reasons for the changes Ts during performance of the contract.

When the contract Ts is missing and could not be established on the basis of its terms, it is defined according to the rules stipulated by the Civil Code. Ts omission does not release the buyer (customer) from the obligation to pay for the goods (services, works).

In the absence of this condition in the contract goods (services, works) is paid by Ts is usually charged for similar goods (services). If the contract is not Ts, which is an essential condition of such agreement shall be considered concluded.

Resulting from the settlement of disputes Ts parties have the right to transfer to the court.