Politics and Law

What is a bona fide offer?

Bona Fide Offer. A certain and unambiguous offer to purchase an eligible low income housing project pursuant to subpart B of this part made in good faith by a qualified purchaser with the intent that such offer result in the execution of an enforceable, valid and binding contract.

What does bona fide deal mean?

A bonafide offer is generally made in good faith and able to be accepted. Even a nonbinding letter of intent can serve as a bonafide offer. Any offer that includes "extra" terms may be considered a bonafide offer. Examples include government approval or an agreement to restrict the property in question.

What is considered bona fide?

Bona fide means "in good faith" in Latin. When applied to business deals and the like, it stresses the absence of fraud or deception. A bona fide sale of securities is an entirely aboveboard transaction. Outside of business and law, bona fide implies mere sincerity and earnestness.

What is a bona fide actor?

Honest; genuine; actual; authentic; acting without the intention of defrauding.

What language is bona fide?

Bona fides looks like a plural word in English, but in Latin it is a singular noun that literally means "good faith." When bona fides entered English, it at first stayed very close to its Latin use, and it also kept its singular form—for example, "a claimant whose bona fides is unquestionable." But in the 20th century, …

What does de facto mean in law?

De facto action is an action taken without strict legal authority to do so, but recognized as legally valid nonetheless. The action is considered something that acquires validity based on the fact of its existence and tradition.

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What is a word opposite to bona fide?

The opposite of bona fide is fake.

What is a good faith attempt?

Good Faith Attempt means a diligent and honest effort to make in-person contact with an alleged child victim and all subjects of a report.

What does bona mean?

Definition of bona

: property —used in Roman and civil law of real and personal property of any kind but chiefly of real property in Roman law and usually only of movables in common law.

What is ad hoc in law?

adj. Latin shorthand meaning “for this purpose only.” Thus, an ad hoc committee is formed for a specific purpose, usually appointed to solve a particular problem. An ad hoc attorney is one hired to handle one problem only and often is a specialist in a particular area or considered especially able to argue a key point.

What does bona fide mean in law?

1a : characterized by good faith and lack of fraud or deceit a bona fide offer. b : valid under or in compliance with the law retirement incentives made part of a bona fide employee benefit plan. 2 : made with or characterized by sincerity a bona fide belief.

What does mala fide mean in law?

Mala fide means in bad faith, with the intention to deceive.

What is mala fide means?

Definition of mala fides

: bad faith : purpose to deceive or defraud the mala fides of the company is generally a question for the jury— Ira Carlisle.

What is bad faith in law?

Bad faith defined

“Bad faith” generally has been defined by the Supreme Court of Canada (“SCC”) as “conduct involving ‘malicious intent’ or that ‘exceeds the limits of discretion reasonably exercised.

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What is the meaning of wrong in law?

In law, a wrong can be a legal injury, which is any damage resulting from a violation of a legal right. A legal wrong can also imply the state of being contrary to the principles of justice or law. It means that something is contrary to conscience or morality and results in treating others unjustly.

What does boba stand for?

The tea became known as boba because the term is slang for breasts in Chinese (a reference the spherical shape of the tapioca balls).

How do you spell fide?

“fide”
  1. : neither specious nor counterfeit : genuine. See the full definition.
  2. : with or in bad faith. See the full definition.
  3. : held as an obligatory article of faith. See the full definition.
“fide”
  1. : neither specious nor counterfeit : genuine. See the full definition.
  2. : with or in bad faith. See the full definition.
  3. : held as an obligatory article of faith. See the full definition.

What is a de facto law?

De facto action is an action taken without strict legal authority to do so, but recognized as legally valid nonetheless. The action is considered something that acquires validity based on the fact of its existence and tradition. [Last updated in January of 2022 by the Wex Definitions Team] business law.

What does de jure mean in law?

De jure is the Latin expression for “by law” or “by right” and is used to describe a practice that exists by right or according to law. In contemporary use, the phrase almost always means “as a matter of law.” De jure is often contrasted with de facto. [Last updated in June of 2021 by the Wex Definitions Team]

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What is status quo in law?

Status Quo-: the existing state or condition. Maintaining Status Quo on property. If a court orders maintain the status quo on the property it means that two components of the property that comes under the purview of status quo one is the possession and other is the title.

What is ipso facto in law?

Ipso facto is a Latin phrase, directly translated as “by the fact itself”, which means that a specific phenomenon is a direct consequence, a resultant effect, of the action in question, instead of being brought about by a previous action. It is a term of art used in philosophy, law, and science.

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