Bargain In Good Fait

Legal Definition and Related Resources of Bargain In Good Fait

Meaning of Bargain In Good Fait

In the context of labor laws, the term means exploring the subject with an eye to compromise rather than mere adherence to preconceived determinations. See New York state Labor Relations board v Montgomery Ward & Co., 38 N. Y.S.2d 858. The statutory duty of an employer to bargain collectively requires good faith negotiation with representatives of his employees. See NLRB v insurance Agents’ International union , 361 U.S. 477, 4 L. Ed. 2d 454, 80 S.Ct. 419.

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