good faith (2024)

FAQs

What is a good faith question? ›

GOOD FAITH: A “Good Faith” argument or discussion is one in which both parties agree on the terms on which they engage, are honest and respectful of the other person's dignity, follow generally-accepted norms of social interaction, and genuinely want to hear what the other person thinks and has to say.

The report was made in good faith. These estimates, like any others, can be challenged but they were made in good faith. This was done in good faith and not as a deliberate act. We bought these tickets in good faith.

If something is done in good faith, it is done sincerely and honestly: act in good faith She was acting in good faith for her client. SMART Vocabulary: related words and phrases. Honesty, openness & sincerity.

Good faith is a broad term that's used to encompass honest dealing. Depending on the exact setting, good faith may require an honest belief or purpose, faithful performance of duties, observance of fair dealing standards, or an absence of fraudulent intent.

in good faith

: in an honest and proper way.

in good faith (adverb as in sincerely) Strongest matches. candidly deeply earnestly genuinely naturally profoundly really truly truthfully wholeheartedly.

About good faith

Under common law, good faith requires parties to an agreement to exercise their powers reasonably and not arbitrarily or for some irrelevant purpose. Certain conduct may lack good faith if one party acts dishonestly or fails to have regard to the legitimate interests of the other party.

Each of the Parties hereto undertakes with the others to do all things reasonably within its power that are necessary or desirable to give effect to the spirit and intent of this Agreement. Good Faith. The parties will act in good faith in connection with this Agreement.

noun. accordance with standards of honesty, trust, sincerity, etc. (usually preceded by in ): If you act in good faith, he'll have no reason to question your motives.

What do you mean by good faith explain with examples? ›

good faith | Business English

a way of behaving that is honest: Buyers have no right to keep a stolen car once it has been identified as stolen, even if it was bought in good faith. Compare. bad faith. (Definition of good-faith from the Cambridge Business English Dictionary © Cambridge University Press)

Good faith provides an exception to the Fourth Amendment exclusionary rule barring the use at trial of evidence obtained pursuant to an unlawful search and seizure.

An express duty of good faith can be a valuable provision in an English law agreement. As Brooke Homes demonstrates, such a duty can be of particular assistance where parties agree to work towards a common goal which is not necessarily an enforceable obligation in its own right.

good faith. noun. : honesty, fairness, and lawfulness of purpose : absence of any intent to defraud, act maliciously, or take unfair advantage.

If you do something in good faith, you seriously believe that what you are doing is right, honest, or legal, even though this may not be the case. This report was published in good faith but we regret any confusion which may have been caused. Synonyms: honestly, sincerely, honourably More Synonyms of in good faith.

In a good faith discussion, both parties agree to an honest, respectful dialogue. Both enter it interested in learning more about the other's position and helping their opponent understand their own position.