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Bona fide translates to “in good faith” or “genuine” in English. It is used to describe actions, transactions, or relationships that are carried out honestly, sincerely, and without deceit or fraud. In legal and financial terms, being bona fide implies adherence to ethical standards and truthful representation.
- Definition of Bona FIDE
- What Is Bona Fide?
- Bona FIDE Occupational Qualification
- Bona FIDE Residence Test
- Bona FIDE Purchaser
- Bona FIDE Example Involving The Discrimination of Pregnant Women
- Related Legal Terms and Issues
Adjective 1. A term used to describe something that has been made or done in good faith, without any attempts to deceive or defraud anyone. Origin 1935-45 Latin (bonā fidē)
The term “bona fide” translates to mean “the real thing.” If something is “bona fide,” this means it is the genuine article. Consider the idea of a “bona fide occupational qualification,” which is discussed more fully below. This term refers to a legitimate responsibilitythat comes with a particular job. For instance, while it may sound infuriating...
A bona fide occupational qualification is a requirement that an applicant must be able to meet in order to do a job. Certain laws, such as the Civil Rights Act of 1964, allow employers to legally discriminate against an applicant based on a job’s bona fide occupational qualifications, so long as their discrimination is “reasonably necessary.” For e...
The bona fide residence test allows certain American citizens and residents to receive a tax break if they have been living and working outside of the U.S. In order to qualify for the bona fide residence test, a person must be living in a foreign country for one full taxable year, with no interruptions. There are some factors the bona fide residenc...
A bona fide purchaser (BFP) is someone who innocently purchases an asset, like a piece of property, without having any prior knowledge that someone else may be able to claim the title to the property. A bona fide purchaser must, as the name suggests, purchase the property. Someone who inherits a parcel of property as a gift is not a bona fide purch...
An example of bona fide occupational qualification can be found in the case of Automobile Workers v. Johnson Controls, Inc.from 1991. Here, Johnson Controls, Inc. is a company that makes batteries. During the assembly process, Johnson’s workers are exposed to a high level of lead. As it turns out, eight of Johnson’s female employees became pregnant...
Burden of Proof – The obligation to prove one’s case. In a criminal case, the burden of proof is on the prosecution to prove the defendant’s guilt.Damages – A monetary award in compensation for a financial loss, loss of or damage to personal or real property, or an injury.Fraud– A false representation of fact, whether by words, conduct, or concealment, intended to deceive another.Jurisdiction– The legal authority to hear legal cases and make judgments; the geographical region of authority to enforce justice.The meaning of BONA FIDES is good faith : sincerity. How to use bona fides in a sentence. Did you know?
Synonym Discussion of Bona Fide. neither specious nor counterfeit : genuine; made with earnest intent : sincere; made in good faith without fraud or deceit… See the full definition
Bona fides definition: good faith; absence of fraud or deceit; the state of being exactly as claims or appearances indicate. See examples of BONA FIDES used in a sentence.
BONA FIDES meaning: 1. the abilities and experience that make someone suitable for a particular job or activity, or…. Learn more.
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What does bona fides mean?
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Who is a bona fide purchaser?
Is bona fide a plural word?
What is a bona fide purchaser (BFP)?
For example, if someone is buying a property, a bona fide purchaser is someone who buys the property without any knowledge of any issues or claims against it. They are acting in good faith, believing that they are making a legitimate purchase. The idea of good faith is not just about honesty; it also involves fairness and integrity.
