421.108 Obligation of good faith.
421.108
421.108 Obligation of good faith. 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.421.108 - ANNOT.
History: 1971 c. 239; 1979 c. 89.