ABSTRACT

Men must be able to assume that those 'with whom they deal in the general intercourse of society will act in good faith,1

TH A T persons should behave in good faith is a minimal standard rather than a high ideal; yet, judging from the facts of litigated cases, contractual bad faith, in its many and varied forms, is a continuing problem. The law’s solutions to the problem will be the concern of this Article. The topic is timely, for there is growing interest in de­ vising legal standards of contractual morality-interest generated in part by enactment of the Uniform Commercial Code’s express obliga­ tions of good faith.2