Test Bank Chapter.20 Good faith - Test Bank | Law of Contract 2e Smith & Davies by JC Smith, Paul S. Davies. DOCX document preview.
Type: true-false
Title: Chapter 20 - Question 01
01) It is clear that English law has adopted overarching principles of ‘unconscionability’ and ‘good faith’.
a. True
b. False
Type: multiple choice question
Title: Chapter 20 - Question 02
02) Which of the following is not a reason for the ‘traditional English hostility’ towards a doctrine of good faith?
a. No other jurisdiction has adopted such a doctrine.
b. English law tends to develop incrementally and therefore tends to be wary about ‘top-down’ reasoning.
c. English law embodies an ethos of individualism, and parties are free to pursue their own self-interest.
d. Recognising such a doctrine could create undesirable uncertainty.
Type: true-false
Title: Chapter 20 - Question 03
03) Parties can create enforceable agreements to negotiate in good faith
a. True
b. False
Type: multiple response question
Title: Chapter 20 - Question 04
04) What terms might a court imply into a contract which allows one party to exercise a discretion and make decisions which affect the interests of the other
a. The party will not exercise the discretion arbitrarily.
b. The party will not exercise the discretion irrationally
c. The party will exercise the discretion in good faith.
d. The party will exercise the discretion honestly.
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Test Bank | Law of Contract 2e Smith & Davies
By JC Smith, Paul S. Davies