Bona fide
Term · Law · MLC-T-LAW-000758
Describing an act, transaction, or intention undertaken in good faith, without deception or fraud. This legal standard requires honesty and a lack of ulterior motive in one's dealings. For example, a bona fide purchaser for value acquires property without notice of any defect in the seller's title.
| Identifier | MLC-T-LAW-000758 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-000758",
"term": "Bona fide",
"field": "Law",
"definition": "Describing an act, transaction, or intention undertaken in good faith, without deception or fraud. This legal standard requires honesty and a lack of ulterior motive in one's dealings. For example, a bona fide purchaser for value acquires property without notice of any defect in the seller's title.",
"url": "https://mlchart.com/terminology/law/bona-fide/"
}
Record 561 of 5,439 in Law terminology (MLC-0107). Request the full dataset.