Absolute discretion: Difference between revisions

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{{g}}Also known as “[[discretion]]”. To be contrasted, in theory if not really in practice, with “in [[good faith]], and in a [[commercially reasonable manner]]”.  
{{a|negotiation|}}Also known as “[[discretion]]” seeing as a [[discretion]] is not really the sort of thing that admits of degrees. You either ''have'' a discretion, or you ''don’t'' and, generally in a [[contract]], as in life, you do, except where you have categorically agreed you do not.  
 
As a percussive adjective, “absolute” does pleasingly punctuate ones’ sentence, rather, in the same way that it does to the word “twat”.
 
An “absolute” [[discretion]] is to be contrasted in theory, if not really in practice, with one that is bounded by an overriding obligation to act “in [[good faith]], and in a [[commercially reasonable manner]]”. But, as we have sounded off [[Commercial imperative|elsewhere]], any merchant that acts in [[bad faith|''bad'' faith]], or in a [[Commercially reasonable|commercially ''un''reasonable]] manner, ''even if his contract permits it'', should not expect to have clients for very long.


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*[[Good faith]]
*[[Good faith]]
*[[Commercially reasonable manner]]
*[[Commercially reasonable manner]]
*[[Commercial imperative]]