What terms might a court imply into a contract which allows one party to exercise a discretion and make decisions which affect the interests of the other

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Quizplus · Accepted Answer

Courts often imply terms into contracts to ensure fairness and reasonableness. These terms include not exercising discretion arbitrarily, irrationally, or dishonestly, and acting in good faith, to protect the interests of both parties.

What Terms Might a Court Imply into a Contract Which