Under the gap-filler provisions of the UCC, when price is not determined at the time of contract, the court will fix a price at the time of delivery that is:

• A. A The price stated in the buyer’s purchase history
• B. B The reasonable price
• C. C The price most favorable to the seller
• D. D The average of the seller’s listed prices

Answer: (B)

When the price term is left open, the UCC allows the contract to be enforced by filling that gap with a reasonable price at the time of delivery. This means the price is determined by what a reasonable market price would be for the goods on the delivery date, reflecting actual market conditions rather than a past history or a seller’s preferred figure. It isn’t tied to the buyer’s purchase history, nor to choosing the seller’s most favorable price or averaging the seller’s listed prices. So the price the court will fix is whatever would be considered a reasonable price at the time of delivery.