Although the good faith requirement is ordinarily met by the parties simply performing their obligations completely, the law recognizes that there are some cases in which one party does not perform completely yet has still acted in good faith and is entitled to enforce the remaining obligations in the contract against the other party. True or False

Question

Social Studies

Rebecca

10 September, 08:09

Although the good faith requirement is ordinarily met by the parties simply performing their obligations completely, the law recognizes that there are some cases in which one party does not perform completely yet has still acted in good faith and is entitled to enforce the remaining obligations in the contract against the other party. True or False

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Answers (1)

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Taniya · Answer 1

That statement is True

Explanation:

Here is an example of the case above:

Let's say that you want to hire a DJ for an event.

and this is the agreement that the both of you sign in your contract.

- The DJ should arrive at your party at 10 P. M

- Performed for the next 3 hours until 1 A. M when the party is over.

- In return, you will pay him $1,000 for 3 hour work.

But, Before the time of the agreement, your DJ got into a car accident, which caused him to come late to the party. He arrived at 10.30 P. M and perform at your party for the next 2.5 hours until the party is over.

Technically, one party (which is the DJ) does not perform completely, since he only do 2.5 hours of work instead of 3 hours work according to the agreement.

But, he still act in good faith and come regardless of the accident and performed the remaining 2.5 hours.

if, in such case you refuse to pay the $ 1,000 and brought this case to the court on the basis of contract violation, there will be a good chance that you will lose and forced to pay the $1,000.