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In Manifest Shipping Co Ltd v Uni-Polaris Shipping Co Ltd [1] John Hobhouse, Baron Hobhouse of Woodborough said, . As Lord Mustill points out, Lord Mansfield was at the time attempting to introduce into English commercial law a general principle of good faith, an attempt which was ultimately unsuccessful and only survived for limited classes of transactions, one of which was insurance.
In his introduction to process theology, C. Robert Melse argued that, although suffering does sometimes bring about good, not all suffering is valuable and that most does more harm than good. [40] Process theologian David Griffin contested "the utility of soul making". He argued that the Irenaean theodicy supposes that God inflicts pain for his ...
The Richest Man in Babylon is a 1926 book by George S. Clason that dispenses financial advice through a collection of parables set 4,097 years earlier, in ancient Babylon.The book remains in print almost a century after the parables were originally published, and is regarded as a classic of personal financial advice.
Contract law. In contract law, the implied covenant of good faith and fair dealing is a general presumption that the parties to a contract will deal with each other honestly, fairly, and in good faith, so as to not destroy the right of the other party or parties to receive the benefits of the contract. It is implied in a number of contract ...
Pacta sunt servanda[1] ("agreements must be kept.") is a brocard and a fundamental principle of law which holds that treaties or contracts are binding upon the parties that entered into the treaty or contract. [2] It is customary international law. [3] According to Hans Wehberg, a professor of international law, "few rules for the ordering of ...
Uberrima fides. Uberrima fides (sometimes seen in its genitive form uberrimae fidei) is a Latin phrase meaning " utmost good faith " (literally, "most abundant faith"). It is the name of a legal doctrine which governs insurance contracts. This means that all parties to an insurance contract must deal in good faith, making a full declaration of ...
In ancient Roman religion and law, the sacramentum was an oath or vow that rendered the swearer sacer, "given to the gods," in the negative sense if he violated it. [1] Sacramentum also referred to a thing that was pledged as a sacred bond, and consequently forfeit if the oath were violated. [2] Both instances imply an underlying sacratio, act ...
Leggatt J held that there was a duty to be honest, which is part of good faith, and that ITC had made a repudiatory breach of contract.. 123. Three main reasons have been given for what Professor McKendrick has called the "traditional English hostility" towards a doctrine of good faith: see McKendrick, Contract Law (9th Ed) pp.221-2.