Covenants of good faith and fair dealing
Don has gotten Sharon’s 17 year old son to sign a contract which Don believes holds them liable to continue business with him regardless of any other offers that they may receive. According to Anderson, (2012) regardless of what a written contract says, your business can be liable for doing or not doing something that was never discussed before a contact was signed. Because of the “implied covenant of g...
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Jenkins, Sarah Howard (Fall, 2006). Symposium: Contracting out of the Uniform Commercial Code: Contracting out of Article 2: Minimizing the obligation of performance & liability for breach, 40 Loy. L.A. L. Rev. 401.
Reddy, J, Johnson, H., Taylor, E., & Francis (2011) Commercial Law 2011-2012, Modern Business: Commercial law. Alexander Hamilton Institute (US)
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UCC - Uniform Commercial Code | LII / Legal Information Institute. (n.d.). Retrieved from http://www.law.cornell.edu/ucc/2/2-306
Who Lacks the Capacity to Contract? | Nolo.com. (2014). Retrieved from http://www.nolo.com/legal-encyclopedia/lack-capacity-to-contract-32647.html
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