Part I '...However, current law stops well short of imposing a duty to negotiate in good faith. Rather, these developments would appear to favor the acceptance of a duty not to negotiate in bad faith. Further, the application of equitable estoppel in appropriate situations would appear to be an appropriate mechanism for the basis of developing a good faith doctrine. ' --Jane Edwards 'Once one uses the external standard of reasonableness the reference to …showed first 75 words of 3152 total…

…showed last 75 words of 3152 total…on the real intention of parties at the time of contract; even without the involvement of implication of terms, the meaning of a contract provision can still be ascertained. As Mason J stated in Codelfa Construction Pty Ltd v State Rail Authority of N.S.W: ' ...The implication of a term is an illustration of the process of construction, though differing from the more orthodox ascertainment of the meaning of a contractual provision....'