Cap. 16 · Civil Code (Cap. 16)
Cap. 16 Art. 1353How price is fixed.
Sub-title 1
(1) The price must be fixed and stated by the parties.
(2) It may, however, be left to the decision of one or more persons specified by the parties; and in such case if such person or any of such persons is unwilling or unable to fix such price, the sale is void.