Arabic source examples:

State of Kuwait · Statutory text

Article 125 of Commercial Code

English translation

A third party may be authorized to determine the price. If that party does not determine the price for any reason, the buyer shall be bound by the market price on the day of sale. If the market price cannot be ascertained, the judge shall undertake to determine the price.
Arabic original
يجوز تفويض طرف ثالث في تعيين الثمن فاذا لم يعين هذا الطرف الثمن لاي سبب كان الزم المشتري بسعر السوق يوم البيع فاذا تعذرت معرفة سعر السوق تكفل القاضي بتعيين الثمن.

Ask about this article

Guidance based on this article and the Kuwait legal sources available on this platform, separate from the original text.

Continue your case in the legal workspace

Open legal workspace