Good Faith and the Ubiquity of the ‘Relational’ Contract

Bibliographic Data

ID9195527
AuthorsDavid Campbell (0000-0003-0525-8150, Lancaster University, corresponding author)
Year2014
Volume77
Issue3
Pages475-492
Publication date2014-05-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueModern Law Review (JOURNAL)
Journal identifiersISSN: 0026-7961 • E-ISSN: 1468-2230
PublisherWiley (PUBLISHER • GB)
DOI10.1111/1468-2230.12075
OpenAlexW1901069560
LanguageEN
Citations received4
References cited13

The judgment of L eggatt J in Y am S eng Pte Ltd v International Trade Corporation Ltd shows the common belief that the E nglish law of contract does not have a doctrine of good faith to be mistaken. That law does not have a general principle of good faith, but its doctrine of good faith, articulated through numerous specific duties, is more suitable for the interpretation of contracts according to the intentions of the parties than a general principle which invites the imposition of exogenous standards. That Y am S eng involved a relational contract does not mean that paternalistic exogenous standards should be imposed. It means that the good faith obligations essential even to a commercial contract of this sort must be implied in order to give efficacy to the fundamentally co‐operative contractual relationship

Contract management · Corporation · Doctrine · Economics · Epistemology · Exclusion clause · Faith · Good faith · Interpretation (philosophy) · Law and economics · Management · Order (exchange) · Paternalism · Political science · Privity of contract · Sociology · Unconscionability · European and International Contract Law · Finance · Law · Law, Economics, and Judicial Systems · Legal principles and applications · Philosophy

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