Maryland Code, COMMERCIAL LAW 22-309
Current as of: 2023 | Check for updates
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Terms Used In Maryland Code, COMMERCIAL LAW 22-309
- Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
- Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
(a) Except as otherwise provided in subsection (b) of this section, an agreement that provides that the performance of one party is to be to the satisfaction or approval of the other party requires performance sufficient to satisfy a reasonable person in the position of the party that must be satisfied.
(b) Performance must be to the subjective satisfaction of the other party if:
(1) The agreement expressly so provides, such as by stating that approval is in the “sole discretion” of the party, or words of similar import; or
(2) The agreement is for informational content to be evaluated in reference to subjective characteristics such as aesthetics, appeal, suitability to taste, or subjective quality.