The UCC imposes a duty of good faith on the performance and enforcement of every contract it covers.

Name: The UCC imposes a duty of good faith on the performance and enforcement of every contract it covers.
Brand: Quizplus
Rating: 4.8 (47 reviews)

Question

Quizplus · Accepted Answer

The drafters of the Code wanted to promote fair dealing and higher standards in the marketplace,so they imposed a duty of good faith in the performance and enforcement of every contract under the Code.

The UCC Imposes a Duty of Good Faith on the Performance