in good faith


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in good faith

adverb bona fide, constantly, fairly, faithfully, honestly, legitimately, steadily, truly
Associated concepts: good faith effort, presented in good faith, written in good faith
See also: bona fide, faithfully
References in periodicals archive ?
Thus, Berges was not a situation where the insurer did not have an adequate opportunity to investigate the claim, or was denied any information requested from the claimant, nor was there any evidence the claimant was not negotiating in good faith.
6664-4(c) facts-and-circumstances standard regarding a taxpayer's reasonable reliance in good faith on advice from a tax professional.
We've been negotiating in good faith and working to make sure the process is a fair one.
Under the regulations, "contemporaneous documentation" is key to determining whether the taxpayer had a reasonable cause for setting its transfer prices and acted in good faith with respect to such prices.
7) Missing from this statute, however, is an affirmative, reciprocal obligation on the part of the insured or third-party claimant to likewise act in good faith in attempting to settle the claim.
The [Act] requires insurers to "attempt in good faith to effectuate claims in which liability has become reasonable clear.
Moreover, an insurer may assert as an affirmative defense that it acted reasonably and in good faith in taking the advice of counsel.
Donee organizations or charities may employ any methodology they choose to determine the FMV of the goods or services, if the method is applied in good faith.
As its only condition to such a meeting, Fidelity has reasonably asked US Facilities to demonstrate that it is acting in good faith with respect to a sale of the company by postponing its annual stockholders meeting for at least 30 days.
Under section 6664(c) of the Code, the section 6662 penalty does not apply to any portion of an understatement (including understatements attributable to net section 482 adjustments) if the taxpayer had reasonable cause for the position taken and acted in good faith with respect to that position.
While Enbridge makes these forward-looking statements in good faith, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected.