The 'implied covenant of good faith and fair dealing' that accompanies most contracts requires that:
Giải thích
California implies into every contract a covenant that neither party will do anything to injure the other's right to receive the benefits of the agreement. Its work is policing discretion the contract grants — an owner who withholds approvals to run the clock, a contractor who staffs a job too thinly to meet dates it agreed to. (d) is the usual overreach: the covenant protects the agreed bargain; it imposes no duty to advance the other side's profit, and it never adds a term the parties did not agree to. (b) invents an ongoing duty to renegotiate, which is the same error in a different form. (a) confuses an implied duty with a required clause — arbitration is voluntary, as the notice B&P §7191(b) prescribes says in terms.
Luyện miễn phí toàn bộ 1632 câu hỏi — không cần đăng ký.
Own the complete CSLB Law & Business guide — PDF + EPUB, $24.99 →
Câu hỏi liên quan cùng chủ đề
- A properly licensed contractor completes a commercial tenant improvement and is not paid. The contractor's ability to sue for the unpaid balance is generally supported because:
- A 'condition precedent' in a contract is:
- A 'pay-if-paid' clause in a subcontract attempts to make the general contractor's receipt of payment from the owner a:
- A bilateral contract is distinguished from a unilateral contract in that a bilateral contract involves:
- A homeowner tells a contractor, 'I'll pay you $1,000 if and when you finish removing the fallen tree,' and the contractor completes the removal. This is an example of acceptance of:
- A contract term is 'ambiguous' when:
Cập nhật gần nhất: · quy trình kiểm tra