Massachusetts General Laws ch. 106 sec. 1-304 – Obligation Of Good Faith
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Section 1–304. Every contract or duty within this chapter imposes an obligation of good faith in its performance and enforcement.
Terms Used In Massachusetts General Laws ch. 106 sec. 1-304
- Contract: A legal written agreement that becomes binding when signed.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.