An honest effort to meet both the spirit and letter of the contract is termed
A)reasonable circumstances.
B)sole discretion.
C)honest representation.
D)good faith.

Question

Quizplus · Accepted Answer

The term "good faith" is commonly used to describe an honest effort to meet both the spirit and letter of a contract. It implies that both parties involved in the contract are working with a sense of trust and mutual respect, and are committed to meeting the terms of the agreement in a fair and reasonable manner. Option A (reasonable circumstances) is too vague and does not adequately capture the concept of good faith. Option B (sole discretion) refers to a unilateral decision-making power that is not necessarily tied to contract obligations. Option C (honest representation) is similar to good faith, but does not capture the full range of obligations and expectations that come with a contract.

An Honest Effort to Meet Both the Spirit and Letter