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Simple English definitions for legal terms

bona fide contract

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A quick definition of bona fide contract:

A bona fide contract is an agreement between two or more parties that creates obligations that can be enforced by law. It can be a written document or a verbal agreement. A contract is like a promise that must be kept, and if it is broken, there are consequences. The term "contract" can refer to the agreement itself or the written document that records the agreement. It is important to understand that a contract is a serious commitment that should not be taken lightly.

A more thorough explanation:

A bona fide contract is an agreement between two or more parties that is legally enforceable. This means that if one party fails to fulfill their obligations under the contract, the other party can take legal action to seek a remedy.

For example, if you sign a contract to buy a car from a dealership, the dealership is legally obligated to sell you the car and you are legally obligated to pay for it. If either party fails to fulfill their obligations, the other party can take legal action to seek a remedy, such as suing for damages.

It's important to note that a contract must be entered into in good faith in order to be considered bona fide. This means that both parties must be honest and sincere in their intentions to fulfill the obligations of the contract. If one party enters into the contract with the intention of deceiving the other party, the contract may not be considered bona fide.

bona felonum | bona fide emptor

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Dkk
15:46
Woo, it took almost 24 hours but my butthole is feeling good again! Just wanted to update y'all on my struggle.
[] baddestbunny
15:52
Ew
Dkk
15:56
Lmfao
soap
16:58
Thank you for the update
Dkk
17:04
Welcome.
Holding out strong for that 11 p.m. Sunday night wave.
soap
17:20
Do the admissions offices close on Veterans Day?
I think someone here was really interested in Cornell Law. I forgot their username now but I just talked to the Cornell admissions rep at the Houston LSAC fair and apparently 2/3 of people who interview at Cornell ultimately get in.
soap
17:21
Hello 🫡
soap
17:21
Thank you for your service, you’re a real one
soap
17:23
I wonder what it’s dependent on? Are the 2/3 chosen on stats, or interview performance, or more holistically?
I'm honestly not sure
[] baddestbunny
17:31
is Cornell a school where only people who interview get in?
I think so
She said historically a quarter get interview invites and then two thirds of those people get in.
soap
17:35
Did she say anything regarding if decisions will start to come out soon?
17:47
username changed
17:51
cockenheimer
17:56
when u boutta detonate some bomb dick u be like
17:56
cockenheimer
[] baddestbunny
17:57
sloppenheimer
17:58
*tips cap*
17:58
m'lady ahh gesture
18:04
seing smells rn
18:04
and smelling sights
@soap: I asked and she did not have an answer
soap
18:10
aw man. I hope it’s soon…
I'm sure it will be
[] baddestbunny
18:26
how soon is now
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