In English law. A freehold estate of inheritance, absolute and unqualified. It stands at the head of estates as the highest in dignity and the most ample in extent; since every other kind of estate is derivable thereout, and mergeable therein. It may be enjoyed not only in land, but also in advowsons, commons, estovers, and other hereditaments, as well as in personalty, as an … [Read more...] about FEE-SIMPLE
F
FEDERAL TRADE COMMISSION (FTC)
The FTC is a federal government agency that regulates business practices and enforces antitrust laws. The FTC not only scrutinizes mergers and acquisitions of large multinational companies but it also is the largest agency which protects consumers from unfair business practices and pursues sham organizations. It also regulates collection agencies and credit bureaus. The FTC … [Read more...] about FEDERAL TRADE COMMISSION (FTC)
FEE-TAIL
An estate tail; an estate of inheritance given to a man and the heirs of his body, or limited to certain classes of particular heirs. It corresponds to the feudum talliatum of the feudal law, and the idea is believed to have been borrowed from the Roman law, where, by way of fidei commissa, lands might be entailed upon children and freedmen and their descendants, with … [Read more...] about FEE-TAIL
FEASIBLE
Reasonably capable of being completed or accomplished. … [Read more...] about FEASIBLE
FEDERAL COURT
The judiciary that is granted power under the U.S. Constitution to hear matters that are either on (a) federal law, such as copyright, trademark, patents, federal crimes, and (b) lawsuits where the parties are both from two different states and where the plaintiff alleges that damages are at least $75,000. … [Read more...] about FEDERAL COURT
