Humble Good Faith ‘3 x 4’ - Asia and Australia Meet the Dean

The webinar is free to attend and will be run using Zoom, so if you have not done so already, please download Zoom onto your device. A link to join the meeting will be sent to registrants the day before. The deadline for registering is midday Friday 26 February 2021. Following registration, the Zoom link to attend the launch will be sent to participants.
Synopsis
Contrary to orthodoxy, good faith is no stranger to common law. Properly understood, we have been “speaking prose all our lives without knowing it”. The debate over whether to introduce a doctrine of good faith is therefore misconceived—the horse has bolted; the stable door has opened. Rather, the salient questions are: (i) How can a good faith requirement be justified? (ii) What role should it play in the evolution of contract law? (iii) What does it require? and (iv) How can we start to taxonomize its demands?
Good faith is a threefold attitude of honesty, fair dealing and fidelity to the contractual purpose that is constitutive of the activity of contracting. This is manifest in many contract law rules that apply with different intensity and effect to four identifiable categories of contracts. This is good faith “3 by 4”. Open recognition of this humble version of good faith will: make explicit the implicit ethical content of the common law of contract, enhance our understanding and organization of many apparently disparate rules, legitimize these rules and facilitate legal development in a manner consistent with common law incrementalism. This leaves open the policy questions of how far and how fast common law should travel along the road of good faith.
About the Dean: Mindy Chen-Wishart
