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Channel: Judge Christopher M. Murray | Michigan Lawyers Weekly
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Secured Transactions- ‘Fair dealing’ focuses on fairness of conduct, not care of performance 

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“Good faith” is defined as honesty in fact and the observance of reasonable commercial standards of fair dealing. While fair dealing is a broad term that must be defined in context, it is clear and it is focused on the fairness of conduct rather than the care with which an act is performed.

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