350. Where price is not fixed by the contract.

In business to business contracts, where the work is carried out in the reasonable expectation of payment but either there is no contract governing that work1 or the contract does not specify the price to be paid2 the contractor is entitled to be paid on a quantum meruit basis3. In addition the contractor may possibly be entitled to be paid on a quantum meruit basis where the employer has repudiated the contract4, but there is conflicting authority on this point and it is more likely that the contractor has no such entitlement5. An ascertainment of a reasonable price for