What is the doctrine of good faith and fair dealing?

The doctrine of good faith and fair dealing is a legal principle that is followed in the state of Washington, as well as throughout the United States. This doctrine requires that parties involved in a contract must act in good faith and deal fairly with each other in order to fulfill the obligations of the contract. The doctrine of good faith and fair dealing states that all parties involved must act honestly and with transparency in order to ensure that the obligations outlined in the agreement are met. This means that all parties must act with honesty and cooperate with each other to ensure that the contractual obligations are fulfilled. Furthermore, the parties must act with trust and fairness in their dealings with one another, even if their own interests are in conflict with what is outlined in the contract. The doctrine of good faith and fair dealing is an important aspect of contract law as it ensures that contracts are followed as intended, as well as protecting the parties from unfairness or dishonesty. This doctrine is especially important in the state of Washington, as it ensures that parties are held accountable for fulfilling the terms of the contract and are protected from any unscrupulous behavior.

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What is the doctrine of good faith and fair dealing?

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