Consideration undetermined - Method of ascertaining

N.D. Cent. Code § 9-05-07
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
9-05-07. Consideration undetermined - Method of ascertaining 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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t09c05.pdf#nameddest=9-05-07Fetched: 10/16/2026

Starting a business in North Dakota? North Dakota LLC guide: costs and requirements