The Duty of Good Faith in Contract Interpretation
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- Опубликовано: 8 фев 2025
- Good faith is an implied term in all contracts, but what does it mean to ask in good faith? Is it the same as acting without bad faith, or something more? This lesson provides some context to this murky issue, without trying too hard to define the inherently indefinable.
It would benefit the general population more to focus on what the available remedies are when a goliath breaches that implied covenant of good faith and fair dealing. It's probably often the only cause of action someone can rely upon to attempt to pursue justice.
Fainess,
Acting fairly is not imposing impossible terms such as :
"Return the bottom portion of this loan statement with your payment.. by this due date*, but not delivering the loan statement until 90 days past the due date stipulated.
What a wonderful lecture and video. Thank you :)
A cop when they told me that that is only a myth. Unfortunately for him I was ready to argue with them all day long about it.
Quebec City, Thank You.
I'm being petty but at 11:10 he meant UCC 1-201 (19) he meant. Not 20.
Great lesson
Thanks for pointing this out! I am referring to the definition of "good faith." The Legal Information Institute has this listed as subsection 20. See www.law.cornell.edu/ucc/1/1-201. But other sources list this as subsection 19. See, e.g., www.uslawbooks.com/ajs/ucc1.pdf. This is a good reminder that the UCC is a model law which may come in variants, but the key thing is to identify how it has been adopted into statute by state legislature. States might also have minor variations on UCC language and numbering, although the general principles should still hold firm. Thanks again for your thoughtful and helpful comment!
@@BizLaw Ahhhh! Okay got it!
Thank you. I'm still learning...
@@Yahreshohn Me too! Thanks for sharing what you learned with me!
SUPERB EXCELLENT .
Plz make automatic CC available for all lessons.
Do you mean closed captioning? If so then yes I intended to do so. I am not sure why CC is not showing up on this video, but I will look into it and try to correct this! Thank you.
Please add subtitles.
What is the difference between utmost good faith and good faith
perfect 👌
#nikkobriteramos
Owen vs City of Independence 1982 Supreme Court Reports vol. 100 page 1398
Main vs. Thiboutot 1979 Supreme Court Reports vol.100 page. 2502
Officers of the government and courts can not claim good faith, or they act in good faith for willful deprivation of the law or claim ignorance of the law. They violate our rights at their own peril.
Considering every employee of these private foreign insolvent corporations(CITY OF, STATE OF, UNITED STATES OF) operate within a colorable jurisdiction and within their private corporate capacity and not their de jure government capacity.
This guy is going around in circles trying to understand something beyond reason
Your thought process is exactly why large corporations fuck the little people...
Good faith is unconstitutional, no if ands or buts about it!
Not if you use it to your convenience instead of being trampled by these businesses