bona fide

(law) In or with good faith, honesty and sincerity. A bona fide purchaser, for example, is one who buys goods for value and without knowledge of fraud or unfair dealing in the transaction. Knowledge of fraud or unfair dealing may be implied if the facts are such that the purchaser should have reasonably known that the transaction involved deceit, such as when goods that are susceptible to copyright piracy are provided without product documentation as to their origin.

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