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Bona fide is a Latin term commonly used in legal and financial contexts to denote something that is genuine, sincere, or conducted in good faith. This guide aims to explain what bona fide means, its application in various fields, and provide examples to illustrate its significance.
- 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.made, done, presented, etc., in good faith; without deception or fraud. a bona fide statement of intent to sell. 2. authentic; true. a bona fide sample of Lincoln's handwriting. Also: bona-fide SYNONYMS 1. honest, sincere; lawful, legal. 2. genuine. ANTONYMS spurious, deceitful, false.
Bona fide is a Latin term that means "in good faith" or "in sincere intention." It is commonly used in legal circles to denote an honest, genuine belief or action taken without any deception or ulterior motive. In essence, acting in good faith is the opposite of acting in bad faith.
The difference is that "bona fide" means honest and genuine, while "fraudulent" means deceitful and intended to trick someone. In legal matters, proving something is "bona fide" can help protect against claims of fraud.
uk / ˌbəʊnəˈfaɪdi / us / ˌboʊ- / Add to word list. legal or honest: bona fide commercial transactions. (Definition of bona fide from the Cambridge Business English Dictionary © Cambridge University Press) Examples of bona fide. bona fide.
The meaning of BONA FIDE is neither specious nor counterfeit : genuine. How to use bona fide in a sentence. Did you know? Synonym Discussion of Bona Fide.
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