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Old 4th May 2011, 18:59
  #730 (permalink)  
Sunfish
 
Join Date: Aug 2004
Location: moon
Posts: 3,564
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I think Olivia is out of her depth again as I believe that the ALAEA has numerous examples of lack of good faith.


from Wiki:

In philosophy, the concept of Good faith — Latin bona fides “in good faith”, bona fide “genuine” — denotes sincere, honest intention or belief, regardless of the outcome of an action; the analogous concepts are bad faith (duplicity) and perfidy (pretense). In law, bona fides denotes the mental and moral states of honesty and conviction regarding either the truth or the falsity of a proposition, or of a body of opinion; likewise regarding either the rectitude or the depravity of a line of conduct. As a legal concept bona fides is especially important in matters of equity.
In law:

In contract law, the implied covenant of good faith and fair dealing is a general presumption that the parties to the contract will act in good faith and honestly in abiding the promise of the contract, and shall not avoid contractual responsibility by shifty means or denying what the other party understood from the terms of the contract. A lawsuit (or a cause of action) based upon the breach of the covenant occurs when one party to the contract claims technical excuses for breaching the contract, or when he or she uses specific contractual terms in order to refuse to perform the contractual obligations, despite the circumstances and understanding between the parties.
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