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

Name: The duty of good faith is imposed on the parties involved in contracts subject to the Uniform Commercial Code.
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The Uniform Commercial Code imposes a duty of good faith on parties involved in contracts governed by it. This duty requires parties to act honestly, fairly, and in a commercially reasonable manner in their dealings with one another.

The Duty of Good Faith Is Imposed on the Parties