Bona Fide Error

Bona Fide Error

A mistake made without negligence or ill intent. Bond fide errors are common simply because of human nature. If a bona fide error is corrected upon discovery, it is unlikely that the party who made it will have legal liability for any losses resulting from it.
References in periodicals archive ?
The Seventh Circuit also saw little merit in Household's claim that it did not intentionally violate the FDCPA because it had made a bona fide error in legal judgment.
Bona fide error. Consumers sometimes authorize third-party payees, by telephone or on-line, to submit recurring charges against a credit card account.
The NAB investigators were declaring every administrative action misuse of power and mixing error of judgments or bona fide errors with misuse of power or corruption.