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Good-faith in the pre-contractual negotiations

Author

Listed:
  • Lucia Uta
Abstract
Good-faith, as a psychological condition, materializes in terms of the legal reports, in a combination of actions or inactions that any diligent and reasonable participant in the legal life has to undertake. The abuse of law, misrepresentation, violence, fraud are manifestations of ill-faith in legal relations, and they are punished under the law. In the context of a contract, good-faith may mean information, confidentiality, cooperation, which take various forms depending on the nature of the agreement, sometimes even support and counseling, as well as diligence in the fulfillment of obligations.

Suggested Citation

  • Lucia Uta, 2015. "Good-faith in the pre-contractual negotiations," Impact of Socio-economic and Technological Transformations at National, European and International Level (ISETT), Institute for World Economy, Romanian Academy, vol. 6.
    • Handle: RePEc:iem:imptrs:v:6:y:2015:id:2822000009380051
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    File URL: http://nos.iem.ro/bitstream/handle/123456789/232/Uta%20Lucia.pdf?sequence=1&isAllowed=y
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    More about this item

    Keywords

    contractual negotiation; good-faith; contractual loyalty; contractual equilibrium; abusive clauses; abuse of law;
    All these keywords.

    JEL classification:

    • K40 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - General

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