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Current as of January 01, 2025 | Updated by Findlaw Staff
1. Good faith. Every agreement entered into under this chapter imposes on the parties the obligation to act in good faith.
2. Reasonableness. This chapter imposes on every term and provision of any agreement a requirement of reasonableness. Every term or provision of any agreement must be interpreted so that the requirements or obligations imposed are reasonable.
Cite this article: FindLaw.com - Maine Revised Statutes Title 10. Commerce and Trade § 1298. Reasonableness and good faith - last updated January 01, 2025 | https://codes.findlaw.com/me/title-10-commerce-and-trade/me-rev-st-tit-10-sect-1298/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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