What does that mean in practical terms

Reference no: EM13190636

We will now look at the question of good faith and fair dealing in relation to the performance of a contract. Read the case of Brunswick Hills Racquet Club v. Route 18, found on page 392 of your text. For your first post, answer the following questions in no less than 150 words.

Question 1: Brunswick failed to pay the option price of $150,000 when it notified Route 18 of its exercise of the 99-year lease option. Why doesn’t that end the case, in favor of Route 18?

Question 2 : The definition of good faith is nebulous. What standard does the court apply?

Question 3: What does that mean in practical terms?

Reference no: EM13190636

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