Oregon Code § 72.7230·Enacted ·Last updated March 01, 2026
Statute Text
Proof
of market price: time and place.
(1) If an action based on anticipatory repudiation comes to trial before the
time for performance with respect to some or all of the goods, any damages
based on market price 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 chapter 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 chapter offered by one party is not admissible unless and until the party
has given the other party such notice as the court finds sufficient to prevent
unfair surprise. [1961 c.726 §72.7230]
Plain English Explanation
This Oregon statute addresses Proof
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 72.7230
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Proof
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The formal citation is Oregon Code § 72.7230. Use this format in legal documents and court filings.
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