Louisiana Civil Code 1996 – Obligor in good faith
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Terms Used In Louisiana Civil Code 1996
- Contract: A legal written agreement that becomes binding when signed.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
An obligor in good faith is liable only for the damages that were foreseeable at the time the contract was made.
Acts 1984, No. 331, §1, eff. Jan. 1, 1985.