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A Summary On Good Faith Essay

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Student name: Kaizad Dadrewala
Student ID number: 2015003238
Paper title:
Paper coordinator:
The assignment number:1
Assignment title: Good Faith in business

Contents
1.0 Introduction……………………………………………………………………
2.0 Literature Review ………………………………………………………………
3.0 Approaches to Research…………………………………………………
4.0 Discussions on Paradigms…………………………………………………………
5.0 Conclusion………………………………………………………………………
6.0 References…………………………………………………………………………
7.0 Appendix…………………………………………………………………………

1. Introduction:
With the word Good Faith which means an earnest intention to deal justly with others in any relationship be it business or any new venture.
It is derived from the Latin idiom bona fide, and courts use the two terms interchangeably.
Good faith is an intangible and inclusive term that encompasses a genuine sincerity or purpose without any wickedness or the desire to deceive others.

Organizational success has a direct relation with the term Good faith. Good faith may be looked more from the commercial law or corporate law perspective however the fact remains that the corporate who succeed and make it to the top share a jovial and a good faith with their vendors, shareholders, internal employees etc. The failure of Good faith in business relations seeks towards the downfall and other serious implication on business which forces the industry to coin the corporation who does not indulge in to good faith practices. The

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