Good Faith and the Tort of Negligent Negotiation
Jun 21, 2000 | Article
Written by: Francine Baker-Sigal
for Lorman Education Services
June 21, 2000
It would be extremely foolish to enter into business dealings today without thinking about the concepts of "good faith" and "fairness" and the fact that they hover over transactions as a form of "conscience". In the United States, the Uniform Commercial Code imports a requirement into all commercial contracts that its parties conduct themselves in good faith and in a manner that reflects fair dealing. In Canada, the Province of Quebec imposes a similar obligation by statute....No other Canadian province provides similar legislation, however, litigation between contracting parties in Canada is more and more frequently turning on issues of good vs. bad faith.
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