Which of the following is NOT a characteristic of "good faith" in contractual relationships?

Study for the Queensland Deputy Law Exam. Utilize flashcards and multiple choice questions with hints and explanations. Prepare effectively and confidently!

The essence of "good faith" in contractual relationships revolves around the principles of honesty, fairness, and integrity. The characteristic that does not align with this concept is the prioritization of one's interests above others. Upholding good faith implies that parties must engage in the contract with a spirit of cooperation and a genuine intention to fulfill their obligations to one another.

Transparency in actions and intentions is crucial for fostering trust between contracting parties, creating an environment where both sides can expect openness and honesty. The willingness to resolve conflicts fairly shows an understanding that disputes are a natural part of any contractual relationship, and addressing them equitably is essential to maintaining goodwill and effective collaboration. Additionally, upholding commitments made during negotiations is fundamental to maintaining the integrity of the agreement and demonstrates respect for the contractual relationship.

By contrast, putting one's interests above others contradicts the very notion of good faith, as it suggests a self-serving approach that disregards the fairness and mutual benefit that are central to effective and equitable contractual relationships.

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