Legal Definition of Bad faith: Conduct in which there is a design of ill-will or an ulterior motive to commit deceit or fraud | Learn about the legal definition of bad faith and its significance for businesses. Discover how it encompasses deliberate acts of deceit and fraud, goes beyond negligence, and applies to various situations. Explore real-life examples to grasp its practical implications. Recognizing bad faith is crucial to protect your rights, reputation, and financial interests, as it can lead to legal consequences, damage to reputation, financial losses, and ethical breaches. Act in good faith to navigate your business affairs with integrity and contribute to a trustworthy business environment