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Law

The Function of Good Faith in Commercial Contract Performance

Quick fact

In many common law jurisdictions, courts have implied an obligation of good faith in commercial contracts, meaning parties must act honestly and not undermine the other's expected benefits, even when the contract doesn't explicitly say so.

Why this is interesting

You sign a podcast advertising contract with a host, but they suddenly schedule a rerun and you lose your promo slot. Is there any legal limit to such gamesmanship, even if the contract is silent?