Abstract
Each state of the United States has its own separate and relatively self sufficient body of general contract law. In a given state, most of this law consists of common law opinions of the highest court of that state. This means the United States has fifty bodies of general contract law. Each state legislature has also adopted the Uniform Commercial Code, a body of statute law that applies to contracts for the sale of goods, negotiable instruments, certain relations between banks, and between banks and their depositors, letters of credit, bulk sales, warehouse receipts, bills of lading, investment securities, and security interests in personal property. In addition, each state legislature has adopted various isolated statutes of its own which deal with one or more aspects of contract law. A few federal statutes also address issues of contract law.
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Notes
Robert S. Summers, Good Faith in General Contract Law and the Sales Provisions of the Uniform Commercial Code, (1968) 54 Virginia L. Rev. (VLR) 195 ff.
E. Allan Farnsworth, Good Faith Performance and Commercial Reasonableness Under the Uniform Commercial Code, (1963) 30 Chicago L. Rev. (UCLR) 666 ff.
Steven J. Burton, Eric G. Andersen, Contractual GOOD Faith—Formation, Performance, Breach, and Enforcement. Little, Brown & Co., Boston 1995, S. 20 ff.
Neither UCC § 1–203 nor Restatement § 205 apply the good faith requirement to the negotiation and formation stage.
See Farnsworth, (1963) 30 UCLR 674 ff.
UCC §§ 2–305(2), 2–306(1), 2–31(1), 2–323(2)(b), 2–328(4), 2–402(2), 2–403(1), 2–506(2), 2–603(3), 2–615(a), 2–703(3), 2–706(1) 2–706(5), and 2–712(1).
See Summers, (1968) 54 VLR 214 ff.
Uniform Commercial Code Case Digest. Volume 1–201 through 1–203, Clark, Boardman, Callaghan, 1997, S. 708–831 ff.
Uniform Commercial Code Reporting Service Findex, PEB Commentary No. 10, 1997.
Richard E. Speidel, The Duty of Good Faith in Contract Performance and Enforcement, (1996) 46 J. OF LEGAL ED. 537 ff., fh. 19, 540 ff.
1970 Proceedings of the American Law Institute, ( 1970) 47 American Law Institute Proceedings 489–91 ff.
Robert S. Summers, The Duty of Good Faith — Its Recognition and Conceptualization, (1982) 67 Cornell L. Rev. (CLR) 810 ff., 823–24 ff.
Steven J. Burton, Breach of Contract and the Common Law Duty To Perform in Good Faith, (1980) 94 Harv. L. Rev. 369 ff, 373 ff.
These remarks are drawn, with some modification, from pages 830–834 of Summers, (1982) 67 CLR 810 ff.
See Farnsworth, (1963) 30 UCLR 666 ff.
E. Allan Farnsworth, Farnsworth on Contracts, Volume II. Little, Brown & Co, 1990, S. 328 ff.
Farnsworth (Fn. 16) 311 ff. See also E. Allan Farnsworth, Good Faith in Contract Performance, in Jack Beatson and Daniel Friedmann eds, Good Faith and Fault IN Contract Law. Oxford U. Press, Oxford 1995.
E. Allan Farnsworth. Comment on Michael Bridge’s: Does Anglo-Canadian Contract Law Need a Doctrine of Good Faith?, ( 1984) 9 Canadian Business Law Journal 426 ff, 427–28 ff.
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© 2000 Springer Science+Business Media Dordrecht
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Summers, R.S., McRoberts, W.G., Goodhart, A.L. (2000). The Conceptualization of Good Faith in American Contract Law. In: Essays in Legal Theory. Law and Philosophy Library, vol 46. Springer, Dordrecht. https://doi.org/10.1007/978-94-015-9407-3_13
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DOI: https://doi.org/10.1007/978-94-015-9407-3_13
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