In Law
In contract law, the implied covenant of good faith is a general presumption that the parties to a contract will deal with each other honestly, fairly, and in good faith, so as to not destroy the right of the other party or parties to receive the benefits of the contract.
Read more about this topic: Good Faith
Famous quotes containing the word law:
“The older I get the more I trust in the law according to which the rose and the lily bloom.”
—Johann Wolfgang Von Goethe (17491832)
“JudgeA law student who marks his own examination-papers.”
—H.L. (Henry Lewis)