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| {{fullanat2|csa|9(b)|2016|11(d)|1995}} | | {{Manual|MCAE|1995|9(b)|Paragraph|11(d)|short}} |
| Whether a merchant should commit himself to dealing in [[good faith]], or in a [[commercially reasonable manner]], is one that vexes a surprising number of attorneys. Especially American ones. The only discomfort it should occasion is to a solicitor’s livelihood, for this magic expression, while doing no more than articulating the basic commercial outlook of a [[good egg]], puts many a tedious negotiation to the sword. Everyone benefits but the officers of Her Majesty's courts.
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| A {{tag|contract}} is a bond of trust. How would a merchant explain to his counterparty that he wished to reserve for himself the right to act in ''[[bad faith]]''?
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| As for commercial reasonableness, and that objection I can already see you formulating that it admits shades of doubt, and encourages litigation - well, the great case of {{casenote|Barclays|Unicredit}} should be a source of great succour to you.
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| And for you Americans, for whom {{casenote|Barclays|Unicredit}} is of persuasive value only, there is the fact that this standard is written into the [[Uniform Commercial Code]]. and the {{1994csa}}.
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| ===See Also===
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| *[[Good faith]]
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| *[[Commercially reasonable manner]]
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| *{{casenote|Barclays|Unicredit}}
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1995 ISDA Credit Support Annex (English Law)
A Jolly Contrarian owner’s manual™
Resources and navigation
Paragraph 9(b) in a Nutshell™
Use at your own risk, campers!
Full text of Paragraph 9(b)
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Content and comparisons
Template:M comp disc 1995 CSA 9(b)
Summary
See also
References