Logourl black

Duty to Negotiate in Good Faith

Definition

A duty that may arise during negotiations of a final agreement. The obligation to negotiate in good faith is generally described as preventing one party from renouncing the deal, abandoning the negotiations, or insisting on conditions that do not conform to the preliminary agreement.

Related Rules [?]


The related rules section is for members only and includes a compilation of all the rules of law in Quimbee's database relating to this key term.

To access the related rules, please start your free trial or log in.