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Whether Iran is negotiating in good faith is reportedly at the center of Abu Dhabi withdrawing some support for Islamabad, according to the Financial Times.—Mohammed Sergie, semafor.com, 28 Apr. 2026 This type of deference to the executive, which relies on presidential good faith, now amounts to judicial abdication.—Gregg Nunziata, The Atlantic, 27 Apr. 2026 Richardson said the company has negotiated in good faith and made proposals that include meaningful wage increases and a one-time bonus.—Judith Kohler, Denver Post, 26 Apr. 2026 Meanwhile, the everyday American who borrowed in good faith has been pursued, garnished and financially ruined when things go wrong, while the universities that pocketed the money walk away without consequence.—Michael Carbonara, Sun Sentinel, 21 Apr. 2026 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.