Acting in good faith gives a business firm a better chance of defending its actions in court.

Question

Acting in good faith gives a business firm a better chance of defending its actions in court.​

Quizplus · Accepted Answer

Acting in good faith means that the business firm has made an honest effort to do what is right and fair. If a legal issue arises, the court will consider the fact that the firm acted in good faith when making its decision. This can work in the firm's favor and potentially result in a more favorable outcome in court.

Acting in Good Faith Gives a Business Firm a Better