In the case of contracts other than for insurance, it is generally assumed that each party has equal knowledge and access to the facts, and thus each is subject to requirements of "good faith," not "utmost good faith.

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In most contracts, the principle of "good faith" applies, meaning each party is expected to act honestly and fairly towards the other. The requirement of "utmost good faith" is specific to insurance contracts, where there is a higher duty of disclosure due to the nature of the agreement.

In the Case of Contracts Other Than for Insurance, It