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The Covenant of Good Faith and Fair Dealing Under New Jersey Contract Law
Contracts Under New Jersey Business Law
Under New Jersey business law, when two or more parties enter into a contract they are essentially writing their own law which will govern their relationship. A valid contract – one where each of the parties exchange value (“consideration”) and agree to the terms which will govern their relationship or transaction – will be enforced by courts. If there is a dispute, a court will make a decision which can be fully enforced.
The Covenant of Good Faith and Fair Dealing