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What is Mutuality Principle in GF Equity Case about?

The Supreme Court ruled that a contract provision allowing one party (GF Equity) to unilaterally terminate the contract based solely on its own opinion violates the principle of mutuality. [1] The last sentence of the contract between GF Equity and coach Valenzona allowed GF Equity to terminate at any time if Valenzona failed to exhibit sufficient skill, as determined solely by GF Equity. [2] This gave GF Equity uncontrolled discretion to terminate and did not bind both parties equally as required. [3] The

Author

alex_austria

Language

EN