Even if a contract does not directly say it, how must parties generally act towards each other to meet the rule of 'good faith and fair dealing'?

Even if a contract does not directly say it, parties generally must act towards each other with 'good faith and fair dealing,' which is an implied covenant, meaning a promise understood to be part of the agreement, even if not explicitly written. This rule prevents one party from acting in a way that unfairly deprives the other party of the benefit of the bargain, which is the advantage or value the party expected to receive from the contract. It ensures that neither party acts opportunistically to undermine the spirit or purpose of the agreement. Parties must exhibit honesty in fact, which mean....