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Legal Jargon

July 3, 2012

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Bonafide: Meaning : in good faith Example : All the Directors must act bonafide for the benefit of the company as whole. Pronunciation : Bo-na-fi-de   Ceteris paribus: Meaning : all other things being equal. Example : When a demand for certain product is more than supply 'ceteris paribus' price of that product will rise. Pronunciation : Ce-te-ris pari-bus    
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