What Is the Law's Main Purpose in Imposing the Implied

question 45

Multiple Choice

What is the law's main purpose in imposing the implied covenant of good faith and fair dealing?

• A) Providing adequate remedial measures to injured parties
• B) Punishing the breaching parties in a contract
• C) Encouraging litigation regarding breach of contracts
• D) Encouraging ethical behaviour in contracts

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Definitions:

Aggressive Direct Selling

A highly assertive sales strategy where products or services are sold directly to consumers in a manner that energetically pushes for immediate sales.

Opportunity Costs

The cost of forgoing the next best alternative when a decision is made to pursue a particular action.

Relationship Strategies

Techniques and approaches used to build, maintain, and enhance interactions with customers and other stakeholders.