this question

Joseph We agreed that | should set the price. He's a collector but he doesn't know the market like | do. What do you think, Sarah Le? Do we have an enforceable agreement? _ No - even if you agreed on how the price would be set later, the seller ultimately had to consent to that price. If he disagreed, then the price was clearly unreasonable. Even under the UCC, the agreement for sale of goods was unenforceable. Yes - if you agreed on how the price would be set later and you set a reasonable price in good faith, then the agreement for sale of goods is governed by the UCC and would be enforceable. Ci ihAmit