What Is a Valid Criticism of the Common Law with Respect

question 68

Multiple Choice

What is a valid criticism of the common law with respect to the current application of an implied term of good faith by the courts when considering dealings between contractual parties?

• A) Business interests are not served by good faith conduct of contractual obligations.
• B) Business interests are not opposed to bad faith conduct to achieve added benefit.
• C) Opposing rulings create uncertainty,which is not the function of common law.
• D) Opposing rulings maintain the rule that parties must take care of themselves.

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Definitions:

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors, driving individuals to pursue and attain goals.

Maslow Hierarchy

A psychological theory proposing a five-tier model of human needs, from basic (physiological) to more complex (self-actualization) needs.

Social

Pertains to the interactions and relationships among individuals in a society and the structure and norms that guide these interactions.

Self-actualization

A concept in psychology, often associated with Maslow's hierarchy of needs, representing the realization of one's potential and the fulfillment of personal talents and capabilities.