Good faith

Good faith (Latin: bona fides) is fair and open dealing in human interactions. This is often thought to require sincere, honest intentions or belief, regardless of the outcome of an action. While some Latin phrases lose their literal meaning over centuries, this is not the case with bona fides; it is still widely used and interchangeable with its generally accepted modern day translation of good faith. It is an important concept within law, philosophy, and business. The opposed concepts are bad faith, mala fides (duplicity) and perfidy (pretense). In contemporary English, the usage of bona fides (note the "s") is synonymous with credentials and identity. The phrase is sometimes used in job advertisements, and should not be confused with the bona fide occupational qualifications or the employer's good faith effort, as described below.

Bona fides

Bona fides is a Latin phrase meaning "good faith". Its ablative case is bona fide, meaning "in good faith", it is often used as an adjective to mean "genuine". It is often misspelled: "bonafied", as if it were the past tense of an imaginary verb: "bonafy". While today fides is concomitant to faith, a more technical translation of the Latin concept would be something like "reliability", in the sense of a trust between two parties for the potentiality of a relationship. In ancient Rome bona fides was always assumed by both sides, had implied responsibilities, and both legal and religious consequences if broken.Fides was one of the original virtues to be considered a religious "divinity" in Roman paganism.

Good faith (law)

In contract law, the implied covenant of good faith and fair dealing is a general presumption that the parties to a contract will deal with each other honestly, fairly, and in good faith, so as to not destroy the right of the other party or parties to receive the benefits of the contract. It is implied in every contract in order to reinforce the express covenants or promises of the contract. A lawsuit (or a cause of action) based upon the breach of the covenant may arise when one party to the contract attempts to claim the benefit of a technical excuse for breaching the contract, or when he or she uses specific contractual terms in isolation in order to refuse to perform his or her contractual obligations, despite the general circumstances and understandings between the parties.

History

In U.S. law, the legal concept of implied covenant of good faith and fair dealing arose in the mid-19th century because contemporary legal interpretations of “the express contract language, interpreted strictly, appeared to grant unbridled discretion to one of the parties”. In 1933, in the case of Kirke La Shelle Company v. The Paul Armstrong Company et al. 263 N.Y. 79; 188 N.E. 163; 1933 N.Y., the New York Court of Appeals said:

Good Faith (album)

Good Faith is the eighth studio album by the Canadian guitarist Rik Emmett, released in 2003.The album touches on different musical styles including; reggae, smooth jazz, swing music, folk, classical music and country music.

Track listing

All songs written by Rik Emmett

Personnel

Production