good faith
Definition
The observance of honorable intent in business relations and the avoidance of any attempts to deceive in assuming and performing contractual obligations.
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Related Terms
binder, bona fide, holder in due course, safe harbor
'good faith
' appears in the definitions of these terms on BusinessDictionary.com duties of directors, stolen property, corporate immunity, unfair labor practice, directors and officers (D&O) insurance, and
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