good faith
Defined in 1 place of the United States Code.
The term “good faith” shall mean the duty of each party to any franchise, and all officers, employees, or agents thereof to act in a fair and equitable manner toward each other so as to guarantee the one party freedom from coercion, intimidation, or threats of coercion or intimidation from the other party: Provided, That recommendation, endorsement, exposition, persuasion, urging or argument shall not be deemed to constitute a lack of good faith.
Source
- 1994–present15 U.S.C. § 1221Commerce and Trade · Definitions · as used in this chapter