Perkins v. Standard Oil Co.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• parties to a contract ordinarily contemplate that discretion in performance will be exercised for particular purposes
• the “covenant of good faith and fair dealing” was applied to interpret an ambiguous, incomplete term of the contract
• “The course of conduct pursued by parties in their performance of a contract, especially in a situation such as this where performance covered a course of years and involved extensive efforts, is frequently a reliable exponent of its meaning.”

Source: CourtListener parenthetical corpus (CC0).