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Advertisement In order to draw in the Americans, Lukashenko made an opening gesture of good faith on January 26.—Simon Shuster, Time, 8 Aug. 2025 The type of good faith and vulnerability implicit in true, glorious competition can seem a snide punchline these days.—Lindsey Witmer Collins, Forbes.com, 7 Aug. 2025 Buckley also said private schools show good faith when being frank about their ability to serve a student.—Keri Heath, Austin American Statesman, 30 July 2025 Late last week, however, both the United States and Israel halted their participation in the negotiations, accusing Hamas of a lack of coordination and good faith.—Zaha Hassan, Foreign Affairs, 29 July 2025 See All Example Sentences for good faith
Note:
The meaning of good faith, though always based on honesty, may vary depending on the specific context in which it is used. A person is said to buy in good faith when he or she holds an honest belief in his or her right or title to the property and has no knowledge or reason to know of any defect in the title. In section 1-201 of the Uniform Commercial Code good faith is defined generally as “honesty in fact and the observance of reasonable commercial standards of fair dealing.” Where recent U.C.C. amendments have not been adopted, this definition is found in Article 3 on negotiable instruments (and applies to Article 4 on bank deposits and collections and Article 4A on funds transfers), while Article 2 on sales defines it as “honesty in fact and the observance of reasonable commercial standards of dealing in the trade.” Article 5 (letters of credit), as amended, defines it as “honesty in fact in the conduct or transaction concerned.” The U.C.C. imposes an obligation of good faith on the performance of every contract or duty under its purview. The law also generally requires good faith of fiduciaries and agents acting on behalf of their principals. There is also a requirement under the National Labor Relations Act that employers and unions bargain in good faith.
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