Examlex
Openness is one of the five traits in the text that focuses on honesty and trustworthiness.
Good Faith
A principle that emphasizes honesty, fairness, and integrity in the fulfillment of contractual obligations or in negotiations.
Reasonable Commercial Standards
A legal concept referring to the standard practices and methods used by reasonably prudent and competent parties in a particular industry.
Honesty
The quality of being truthful and free from deceit or fraud.
Holder In Due Course
A legal term for a party that has acquired a negotiable instrument in good faith and for value, and thus has certain protections against defects in title and prior claims.
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