There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
Article 2 Sales
355.2.723 Proof of market price: time and place.
Download pdfprice (KRS 355.2-708 or 355.2-713) shall be determined according to the price of
such goods prevailing at the time when the aggrieved party learned of the
repudiation. (2) If evidence of a price prevailing at the times or places described in this article is not readily available the price prevailing within any reasonable time before or after the
time described or at any other place which in commercial judgment or under usage
of trade would serve as a reasonable substitute for the one described may be used,
making any proper allowance for the cost of transporting the goods to or from such
other place. (3) Evidence of a relevant price prevailing at a time or place other than the one described in this article offered by one party is not admissible unless and until he
has given the other party such notice as the court finds sufficient to prevent unfair
surprise. Effective: July 1, 1960
History: Created 1958 Ky. Acts ch. 77, sec. 2-723, effective July 1, 1960.
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