What is the test for establishing there is an actual market for sale?

California, United States of America


The following excerpt is from South Bay Irr. Dist. v. California-American Water Co., 133 Cal.Rptr. 166, 61 Cal.App.3d 944 (Cal. App. 1976):

The evidence need not show the existence of an actual seller and buyer, or the existence of an actual market. A showing of potential sellers and buyers in a potential market will suffice (City of Los Angeles v. Retlaw Enterprises, Inc., supra, 16 Cal.3d 473, 496, 128 Cal.Rptr. 436, 546

Page 185

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