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BAD

Categories: Contracts

Definition (1910 Edition)

back. Hodges v. Raymond, 9 Mass. 316; ambers v. Kyle, 87 Ind. 85. Water caused to flow backward from a steam-vessel by reason of the action of its wheels or screw.

some states, the word may have a more precise meaning. In Louisiana. bad debts are those which have been prescribed against (barred by limitations) and those due by bankrupts who have not surrendered any property to be divided among their creditors. Civ. Code Ia. 1900, art. 1048. In North Dakota, as applied to the management of banking associations, the term means all debts due to the association on which the interest is past due and unpaid for a period of six months, unless the same are well secured and in process of collection. Rev. Codes N. D. 1899, § 3240.—Bad faith. The opposite of “good faith,” generally implying or involving actual or constructive fraud, or a design to mislead or deceive another, or a neglect or refusal to fulfill some duty or some contractual obligation, not prompted by an honest mistake as-to one’s rights or duties. but by some interested or sinister motive. Hilgenberg v. Northup. 134
Source: Black's Law Dictionary, 2nd Edition (1910) — Public Domain. UK commentary and modern updates are original additions. This entry is for educational reference only and does not constitute legal advice.