Logourl black

Merchant’s Duty of Good Faith

Definition

In all aspects of a business transaction, a merchant must act in good faith by practicing honesty in fact and observing reasonable commercial standards of fair dealing in that trade.

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.