implied termsies Flashcards
1
Q
implied terms
A
imposed by law into contractural relationships, implied at law terms or terms that a court concludes are part of contract by conduct that are not in writing and those are implied in fact
2
Q
UCC gap fillers
A
do not apply if parties have their own express terms
3
Q
UCC 201 good faith
A
honesty in fact, and the observance of reasonable commercial standards. does not require reasonableness.
4
Q
UCC 304
A
every contract or duty within the UCC imposes an obligation and enforcement.
5
Q
good faith
A
mando, cannot be opted out of.
6
Q
2 camps
A
freedom of contract vs public policy
