Good Faith
(n) Good Faith is the sincere effort and purpose of doing an action or activity with an aim or objective to achieve good results or outcomes. Eg.
Good Faith: Absence of intent to commit fraud.
Goodwill: The value of a business that is beyond the market value of any tangible assets. It includes reputation, prestige, and company name.
DEFENSE, GOOD FAITH - a complete defense to charges involving fraud since good faith on the part of the person is inconsistent with intent to defraud or willfulness which is an essential part of the charges.
good faith
n. honest intent to act without taking an unfair advantage over another person or to fulfill a promise to act, even when some legal technicality is not fulfilled. The term is applied to all kinds of transactions.
good faithAn honest belief, the absence of malice and the absence of design to defraud.
Good Faith
The general requirement to deal honestly with others and not seek to gain unfair advantage or to defraud another party, especially in the context of business transactions or contracts.
GOOD FAITH: Honestly and without deception. An agreement might be declared invalid if one of the parties entered with the intention of defrauding the other.
good faith estimate an estimate of all closing fees including pre-paid and escrow items as well as lender charges; must be given to the borrower within three days after submission of a loan application.
good faith estimate (GFE)
Good Faith Exception to Exclusionary Rule
Good Samaritan rule ...
Good faith
Insurance bad faith
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"Good faith and its opposite, bad faith, imports a subjective state of mind, the former motivated by "honesty of purpose" and the latter by ill-will.
Good faith not being required on the part of the person pleading this prescription, the creditor cannot compel him or his heirs to swear whether the debt has or has not been paid, ...
Good faith. See Fides.
Borough. A town, whether incorporated or not, that send burgesses to parliament. 1 Bl. Com. 114; 2 id. 82; 41 Mo. 175. In the United States, not exclusively used with any precise meaning.
Bona Fide:
In good faith; genuine; without fraud or deceit.
Bond:
A written instrument with sureties, guaranteeing faithful performance of acts or duties contemplated.
implied covenant of good faith and fair dealing
n. a general assumption of the law of contracts, that people will...
implied warranty
n. an assumption at law that products are "merchantable," meaning...
clean hands doctrine - Under this doctrine, equity will not grant relief to a party, who, as actor, seeks to set judicial machinery in motion and obtain some remedy, if such party in prior conduct has violated conscience or good faith or ...
The opposite of bona fides, good faith. From mala for bad (where we get the words malefactor, malicious, etc.) and fides for faith (where we get the word fidelity).
public to take shares on the faith of the statements therein contained, and is thus the basis of the agreement to take the shares; there therefore rests on those who are responsible for its issue an obligation to act with the most perfect good faith ...
: a purchaser who purchases in good faith without notice of any defect in title and for a valuable consideration
There are particular requirements for a bona fide purchaser of a security set out in Uniform Commercial Code section 8-302.
Bona fide: True; honest; acting in good faith.
Bond: 1. A fiduciary bond is similar to an insurance policy because it represents an arrangement where one party (the "surety") agrees, for a fee, ...
Once again, there is an element of good faith involved.
This may also refer to contingent conditions, which come under two categories: condition precedent and condition subsequent.
**bonae fidei iudicia - "actions of good faith" granted by the praetor for certain contractual relationships in which the iudex was required to take account of what ought to be done or given in good faith by the parties.
this phrase is Latin for utmost good faith. It is commonly used with regard to marine insurance and requires the insured to provide full and accurate information to the insurer.
UBERRIMA FIDES.
Perfect good faith; abundant good faith. 2. This phrase is used to express that a contract must be made in perfect good... more
UKAAS, or UKASE.
The name of a law or ordinance emanating from the czar of Russia. ... more ...
Bona Fide Latin for "good faith," it signifies the "real thing" and the lack of deceit. In the case of a party claiming title as bona fide purchaser or holder, it indicates lack of knowledge of any defect in title.
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Acceptance - The taking and receiving of anything in good faith with the intention of retaining it.
Accomplice - 1. A partner in a crime. 2. A person who knowingly and voluntarily participates with another in a criminal activity.
BONA FIDE: A Latin phrase meaning that one acts “in good faith' without intention to defraud or deceive.
BOND : A formal certificate or evidence of a debt; also defined as an interest-bearing certificate of a public or private debt.
The Latin term "Bona fide" means, in a UK legal context: "sincere, in good faith".
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Uberrima fides - Good faith
Uno flatu - At the same moment, with one breath
V ...
The citation is typically used for lesser offences (such as traffic violations) because it relies on the good faith of the defendant to appear as requested, as opposed to an arrest or bail.
Fiduciary Relationship: A special relationship in which one party, the fiduciary, owes heightened duties of good faith and responsibility to the other party.
bona fide: Sincere, real, without fraud or deceit. Comes from the Latin for "in good faith." ...
Divorce Mediation is typically faster, less expensive, more private, and less confrontational than a traditional divorce but it may not be appropriate if the spouses are too adversarial or unable to negotiate in good faith.
fiduciary A person holding the position of a trustee, or a position analogous to that of a trustee, in respect to the trust and confidence involved in the position, and the good faith and candor that it requires.
A basic and central principle of international treaty law and detailed in Article 26 of the Vienna Convention on the Law of Treaties: "Every treaty in force is binding upon the parties to it and must be performed by them in good faith." ...
FiduciaryA person who has a legal obligation to act in good faith for the benefit of another person, for example a trustee. Describes the nature of the duty that such a person owes to the beneficiary.
After he has paid the legacies and otherwise followed the directions of the will so far as legally possible, the court will discharge him if his accounting is correct and he has shown himself to have acted honestly and in good faith; ...
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