FUNCTIONS AND TYPES OF PRICE IN CONTRACT LAW
The article contains an analysis of the functions and types of prices in contract law. The author gives a general classification of functions and types of prices on various grounds. The price, as a condition of a civil law contract, and its functions should be understood as a stable link consolidating the other elements of the treaty into a single whole. Price functions exist in the system, and each specific case shows which function takes a particular advantageous position in it. In civil law, registration, stimulating economic functions, as well as the function of the interrelation between supply and demand, can become fixed. It is of a certain scientific and practical interest to classify prices depending on the freedom of their formation on free, regu-lated and fixed, since it is this classification of prices that has a direct bearing on the science of civil law. Free prices are formed under the influence of supply and demand, without any power influence in whatever it is expressed. Regulated prices are formed under the influence of supply and demand but under the influence of the state by setting minimum or maximum prices, in other words, by delineating certain limits of freedom to the market. There are also fixed prices which are set by the state itself without the impact of the market.