Article 11. Good faith
(1) Good faith refers to a standard of conduct of a party characterised by fair dealing, honesty, openness and consideration for the interests of the other party to the legal relationship in question.
(2) It is, in particular, contrary to good faith for a party to act inconsistently with that party’s prior statements or conduct when the other party has reasonably relied on them to that other party’s detriment.
Author: Octavian Cazac
Published: 19 July 2020
Origin of the rule: Art. I. – 1:103 DCFR