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Current as of January 01, 2024 | Updated by Findlaw Staff
When a contract does not determine the amount of the consideration nor the method by which it is to be ascertained, or when it leaves the amount thereof to the discretion of an interested party, the consideration must be so much money as the object of the contract reasonably is worth.
Cite this article: FindLaw.com - North Dakota Century Code Title 9. Contracts and Obligations § 9-05-07. Consideration undetermined--Method of ascertaining - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-9-contracts-and-obligations/nd-cent-code-sect-9-05-07/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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