The duty of good faith is imposed on the parties involved in commercial contracts by the Uniform Commercial Code.

Question

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The Uniform Commercial Code (UCC) imposes a duty of good faith and fair dealing upon parties involved in commercial contracts, specifically in Article 2. This duty requires parties to act with honesty in performance and enforcement of the contract, and to refrain from conduct that would injure the other party's right to receive benefits under the contract.

The Duty of Good Faith Is Imposed on the Parties