Fair Dealing

Good Faith
Good Faith refers to the total absence of intention to seek unfair advantage or to defraud another party; it denotes an honest intention to fulfill one's obligations and the observance of reasonable standards of fair dealing.
Wrongful Termination/Discharge
Wrongful termination or discharge refers to an employee's legal action against a former employer, alleging that the dismissal violated federal or state anti-discrimination laws, public policy, an implied or actual employment contract, or an implied covenant of fair dealing and good faith.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.