Terms and Obligations of K Flashcards

1
Q

Rest §205, UCC §1-304

A

Every contract has an implied duty of good faith

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2
Q

Can you define good faith?

A

No, it varies by the particular facts and circumstances. Sometimes defined as the absence of bad faith/ parties shirking off/inducing breach; acting against the spirit of the K. (Uses Cases as an example)

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3
Q

Fair dealing

A
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4
Q

Good faith cases

A

Stop & Shop v. Ganem

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5
Q

Bad faith cases

A

Goldberg Corp v. Levy

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6
Q

Stop & Shop v. Ganem

A

Turns on tenant’s purpose for doing what they did & this was done for a good reason

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7
Q

Gap Fillers, Illusory Promises, Warranties, Parole Evidence Rule.

A

Is Gap fillers UCC only?

If there are material elements missing what does the Case Law/Rest. Say?

Illusory Promises –

Warranties:

Parole Evidence Rule: Contradictory vs. Supplementary Terms

Total Integration
No C or S

Partial Integration
No C, but can S

No Integration
Can have C and S

Can you have total integration for a part of a K?

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