good faith definition

good faith

Effort made, information given, or transaction done, honestly and without a deliberate intention to defraud the other party. However, good-faith does not necessarily mean 'without negligence.' Also called bona fides, it is implied by law into commercial contracts.

good faith is in the Agreements & Contracts and Corporate, Commercial, & General Law subjects.

good faith appears in the definitions of the following terms: duty to bargain, best efforts, directors and officers (D&O) insurance, downpayment, down payment, collective bargaining, trustee, estoppel, corporate immunity, negotiable instrument and

good faith appears in the other terms: good faith bargaining, purchaser in good faith, utmost good faith, duty to act honestly and in good faith, holder in good faith, good faith efforts

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