Search results
Results from the WOW.Com Content Network
In human interactions, good faith (Latin: bona fidēs) is a sincere intention to be fair, open, and honest, regardless of the outcome of the interaction.Some Latin phrases have lost their literal meaning over centuries, but that is not the case with bona fides, which is still widely used and interchangeable with its generally accepted modern-day English translation of good faith. [1]
The examples and perspective in this article deal primarily with English speaking countries and do not represent a worldwide view of the subject. You may improve this article, discuss the issue on the talk page, or create a new article, as appropriate.
When making an offer on a house, buyers typically submit what’s called an earnest money deposit as a show of good faith. This deposit, usually ranging from 1% to 3% of the purchase price, is ...
Uberrima fides (sometimes seen in its genitive form uberrimae fidei) is a Latin phrase meaning "utmost good faith" (literally, "most abundant faith"). It is the name of a legal doctrine which governs insurance contracts .
Sellers can request earnest money as a show of good faith from the buyer. The earnest money goes into an escrow account controlled by a third party. Upon closing, the money is applied to the ...
Fides (Latin: Fidēs) was the goddess of trust, faithfulness, and good faith in ancient Roman religion. [1] [2] Fides was one of the original virtues to be cultivated as a divinity with ceremonies and temples. [3] Fides Publica holding a cornucopia and extending a libation bowl on the reverse of a dupondius issued by Vespasian 77–78 AD
While most jurisdictions in the world have some form of good faith within their legal systems, there exists debate as to how good faith should be evaluated and measured. [7] For example, in the United States—a common law jurisdiction—the implied duty of good faith and fair dealing exists in all commercial contracts. [8]
A sacramentum establishes a direct relation between the person swearing (or the thing pledged in the swearing of the oath) and the gods; the iusiurandum is an oath of good faith within the human community that is in accordance with ius as witnessed by the gods. [3]