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Good faith is a blanket clause in civil law under which courts develop standards of fair and honest behavior in the law of obligations, especially in contract law and – to some extent – in the law of property. Courts also define legal consequences resulting from the violations of such...
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Good faith is a principle prominent in civil law countries but less so in common law countries, and which allows courts to deviate from black letter law. It provides them with flexibility to change the outcome of a deductive legal decision if they regard it as absurd. The principle of good faith...
Persistent link: https://www.econbiz.de/10013032836
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