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The Impact of Good Faith Principle on Construction Contracts

Good Faith Principle

The Impact of Good Faith Principle on Construction Contracts: A Comprehensive Analysis Introduction The principle of good faith has emerged as a pivotal factor with far-reaching implications in various contractual arrangements. While it is widely acknowledged in most civil legal systems as a fundamental principle, its definition within the construction industry remains limited. Notably, common …

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Hudson Formula

Hudson Formula

Hudson Formula A Critical Analysis of Its Use in Construction and Engineering Contracts Explore the Hudson Formula’s limitations in legal and practical applications within construction disputes. Understand its flaws, legal standing, and why professionals are seeking alternative methods. The so-called “Hudson Formula” is a topic of considerable debate within the legal and engineering communities. However, …

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Permanent link to this article: https://www.e-basel.com/contractual/hudson-formula/