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LSDefine

Simple English definitions for legal terms

BFP

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A quick definition of BFP:

Term: BFP

Definition: BFP stands for Bona Fide Purchaser. This means someone who buys something in good faith, without knowing that it was stolen or obtained illegally. It's like when you buy a toy from a store and you trust that the store got it from a good source and didn't steal it from someone else.

A more thorough explanation:

Definition: BFP is the abbreviation for Bona Fide Purchaser.

Explanation: A Bona Fide Purchaser is someone who buys something in good faith, without any knowledge of any defects or problems with the item. This means that the purchaser is not aware of any issues with the item and is buying it honestly and in good faith.

Example: If someone buys a car from a dealership and later finds out that the car was stolen, they are not considered a Bona Fide Purchaser because they should have known that the car was stolen. However, if someone buys a car from a private seller and later finds out that the car was stolen, they may still be considered a Bona Fide Purchaser if they had no reason to suspect that the car was stolen.

Additional Example: A person buys a painting from an art dealer who has a good reputation. Later, it is discovered that the painting was stolen. The person who bought the painting is considered a Bona Fide Purchaser because they had no reason to suspect that the painting was stolen.

BFOQ | bias

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19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
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