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Wis. Stat. § 421.108

Obligation of good faith

Applied in 1 court decision — leading case Parent v. Home Depot U.S.A., Inc. (2012)

Most recently applied in Parent v. Home Depot U.S.A., Inc. (September 2012)

1971 c. 239; 1979 c. 89

Every agreement or duty within chs. 421 to 427 imposes an obligation of good faith in its performance or enforcement. “Good faith” means honesty in fact in the conduct or transaction concerned and the observance of reasonable commercial standards of fair dealing.

Official source: Wisconsin State Legislature. Reproduced from public-domain Wisconsin statutes; confirm against the official source for the current text. Not legal advice.