Implied Duty of Good Faith and Fair Dealing | Practical Law

Implied Duty of Good Faith and Fair Dealing | Practical Law

This Practice Note discusses how the implied duty of good faith and fair dealing functions in commercial agreements. This Note outlines the scope of the implied duty, how breaches of the implied duty are determined by courts, and how the implied duty affects certain special contractual relationships.

Implied Duty of Good Faith and Fair Dealing

Practical Law Practice Note 1-520-7165 (Approx. 18 pages)

Implied Duty of Good Faith and Fair Dealing

by Practical Law Commercial Transactions
MaintainedUSA (National/Federal)
This Practice Note discusses how the implied duty of good faith and fair dealing functions in commercial agreements. This Note outlines the scope of the implied duty, how breaches of the implied duty are determined by courts, and how the implied duty affects certain special contractual relationships.