The UCC imposes a duty of good faith in the performance of all contracts.

Name: The UCC imposes a duty of good faith in the performance of all contracts.
Brand: Quizplus
Rating: 4.8 (33 reviews)

Question

Quizplus · Accepted Answer

According to Section 1-304 of the UCC, "Every contract or duty within this Act imposes an obligation of good faith in its performance or enforcement." Therefore, the UCC imposes a duty of good faith in the performance of all contracts.

The UCC Imposes a Duty of Good Faith in the Performance