Bad Faith
Dishonesty or fraud in a transaction; a willful failure to respond to plain demands or a refusal to fulfill contractual duties.
Encyclopedia entry: Bad Faith
This website uses cookies to ensure you get the best experience on our website. Learn more
Got it!
bad faith
Bad faith refers to dishonesty or fraud in a transaction . Depending on the exact setting, bad faith may mean a dishonest belief or purpose, untrustworthy performance of duties, neglect of fair dealing standards, or a fraudulent intent. It is often related to a breach of the obligation inherent in all contracts to deal with the other parties in good faith and with fair dealing.
[Last reviewed in June of 2022 by the Wex Definitions Team
]
Wex
Encyclopedia content from Cornell LII Wex (CC-BY-NC-SA 2.5).
Related terms
More legal terms starting with B
Looking for citation help? How to cite law · Citation methodology
See also: Full glossary index
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.