An Analysis of the Role of Good Faith in Preventing Opportunistic Behavior in Contract Law

Document Type : Scientific Research

Authors

1 Ph.D. Student, Department of Law, Najaf Abad Branch, Islamic Azad University, Najaf Abad, Iran.

2 Associate Professor of Private and Economic Law, Allameh Tabatabaei University, Tehran, Iran

3 Assistant Professor of Law, Farahan Branch, Islamic Azad University, Farahan, Iran

Abstract

People expect to achieve the economic goals of concluding contracts in the light of the support provided by the principles and rules of contracts' law. Safeguarding contractual expectations is not enforceable unless the law can prevent opportunistic behaviors aimed at changing the allocation of contractual funds and prevent victimizing legitimate contractual goals and expectations. In carrying out this task, contract law can play an important role by relying on the principle of good faith as a general and flexible principle in this research, while exploring the concept of opportunism in the law of contracts and the economic justification for the need to combat it, we will outline the unique ability of good faith in preventing opportunistic behavior.The content of this study shows that goodwill assignment has an important role in preventing opportunistic behavior, and it is therefore necessary to pay attention to the rights of contracts in any legal system.

Keywords

References

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