function of good faith in contract law

good faith in contract formation in english and iranian law

“good faith” as one of the ethical rules has found an important position in contract law. in many countries, good faith is regarded as a mandatory rule to be respected in formation, performance and interpretation of contracts. good faith is a fundamental principle in almost all civil law countries. this article deals only with good faith in formation of contract. the duty to observe good faith ...

good faith in iranian law

good faith is a flexible and subjective phrase. it is used in a variety of contexts and its meaning varies in these contexts. in ownership, possession in good faith means possession of property by a person who in good faith does not know that the property's ownership is disputed. possessor believes actually and reasonably himself or herself to be the lawful occupant, otherwise he is in bad...

the good faith in the performance of a contract under english law and iranian law

the good faith, on one hand, is a familiar word and, on the other hand, is a complicated concept that there is no specified definition for it in the legal field. this ethical institution which has been recommended permanently by the divine friends, nowadays, plays essential role in the positive law. in english law, although some authors accept the good faith in the performance of contracts as a...

economic analysis of good faith in contract performance

the rule of necessity to respect the principle of good faith in performance of the contract is the result of :union: rights and ethics. good faith in performance of the contract with subjective and objective criteria and using cost-benefit analysis, wealth maximization, game theory, efficiency and welfare standards, leading to the achievement of the objectives set by the parties of contract. la...

Electronic Agents and Contract Performance: Good Faith and Fair Dealing

This paper examines how the civil law principle of good faith and the common law notion of fair dealing apply during the performance of contracts. After a brief look at their application in the precontractual stage, there is an examination of the notion of good faith and fair dealing in contract performance. Reference is made to the duty of the parties to act loyally and to co-operate during th...

Law, Obligation, and a Good Faith Claim of Justice