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Centronics v. Genicom: Difference between revisions
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|date=August 16, 1989 | |date=August 16, 1989 | ||
|subject=Contracts | |subject=Contracts | ||
|issues=What is the duty of good faith in contractual arrangements? | |facts=Centronics Corporation ("Centronics") entered into a contract to sell business assets to Genicom Corporation ("Genicom"). | ||
*Centronics = seller | |||
*Genicom = buyer | |||
*The goods were books. Disputes were to be arbitrated by a New York accounting firm. | |||
The 2 parties closed the deal on February 13th 1987. | |||
|issues=What is the duty of [https://www.quimbee.com/keyterms/implied-covenant-of-good-faith-and-fair-dealing good faith] in contractual arrangements? | |||
|case_text_links={{Infobox Case Brief/Case Text Link | |case_text_links={{Infobox Case Brief/Case Text Link | ||
|link=https://www.quimbee.com/cases/centronics-corporation-v-genicom-corporation | |link=https://www.quimbee.com/cases/centronics-corporation-v-genicom-corporation | ||
Revision as of 16:28, September 1, 2023
| Centronics v. Genicom | |
| Court | New Hampshire Supreme Court |
|---|---|
| Citation | 562 A.2d 187 |
| Date decided | August 16, 1989 |
Facts
Centronics Corporation ("Centronics") entered into a contract to sell business assets to Genicom Corporation ("Genicom").
- Centronics = seller
- Genicom = buyer
- The goods were books. Disputes were to be arbitrated by a New York accounting firm.
Issues
What is the duty of good faith in contractual arrangements?
