Sunday, June 28, 2009

The Eleventh Circuit Discussing the Uniform Commercial Code

In Autry Petroleum Company v. BP Products North America, Inc. (08-11607), the Eleventh Circuit discusses a number of Uniform Commercial Code sections including the implied covenant of good faith (UCC § 1-203) and the implied duty of good faith when setting an open price term (UCC § 2-305(2)).


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