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Peterson said there was no evidence of malice by Dance and that good faith is presumed for public officers.—Charlotte Observer, 27 Mar. 2026 Breaking trust The key components of any negotiations are trust and good faith.—Debak Das, The Conversation, 27 Mar. 2026 Trump said during a Cabinet meeting Thursday that Iran is allowing some oil tankers through as a sign of good faith for talks.—Jon Gambrell and David Rising The Associated Press, Arkansas Online, 27 Mar. 2026 Trump said during a Cabinet meeting Thursday that Iran is allowing some oil tankers through as a sign of good faith for talks.—Jon Gambrell, Chicago Tribune, 26 Mar. 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.