Implied Covenant of Good Faith and Fair Dealing in Contracts
Implied Covenant of Good Faith: The Silent Term in Every ContractFrom Kirke La Shelle v. Armstrong to Employment Terminations I. Introduction: The Unspoken Promise in Contractual Relationships The implied covenant of good faith and fair dealing is a legal presumption that parties to a contract will deal with each other honestly, fairly, and in good faith. It prevents either party from taking bad-faith actions that intentionally sabotage or deprive the other party of expected contractual Read more