1.Uberrima Fides/ Uberrimæ Fidei (or The Duty of Utmost Good Faith)
The principle of uberrima fides or uberrimæ fidei (or the duty of utmost good faith/the principle of utmost good faith) is the equivalent of “principle of good faith (bona fides)”…
In English Law, IA Art.14 (1), provision states that in insurance contracts, the…
“A contract of marine insurance is a contract based upon the utmost good faith,…
With this provision, the MIA allowed the parties to avoid the contract if the other…
In Turkish Law, the principle of utmost good faith is regulated within the scope…
In both legal systems, the uberrima fides principle is based on the fact that commercial…