Good faith
A term that generally describes 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.
See Bad faith (contrast).
Definition from Nolo’s Plain-English Law Dictionary
Honest intent to fulfill a promise to act or to act without taking an unfair advantage over another person. Absence of intent to defraud someone.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:16 pm
