Which of the following is generally taken to mean neither party to a contract will do anything to prevent the other from obtaining the benefits that she has the right to expect from the parties' agreement or their contractual relationship?
A)Implied covenant of candor
B)Implied covenant of fairness
C)Implied covenant of good faith and fair dealing
D)Implied covenant of loyalty

Question

Quizplus · Accepted Answer

The obligation to carry out a contract in good faith is usually called the implied covenant of good faith and fair dealing.It is a broad and flexible duty that is imposed by law rather than by the agreement of the parties.It is generally taken to mean that neither party to a contract will do anything to prevent the other from obtaining the benefits that she has the right to expect from the parties' agreement or their contractual relationship.

Which of the Following Is Generally Taken to Mean Neither