F

An exception to copyright law which provides for limited usage without being liable for copyright infringement. … [Read more...] about FAIR USE

Also known as the FCRA, this federal law sets forth standards for which the credit bureaus must adopt reasonable procedures for the gathering, maintaining and distribution of the credit information it collects and also bars credit bureaus from publishing negative credit information that is older than seven years (bankruptcy may be reported for 10 years.) The FCRA requires … [Read more...] about FAIR CREDIT REPORTING ACT

The statutory exemption allowing one who does not own a copyright to use copyrighted materials for limited purposes including criticism, news reporting, teaching, research and scholarship. Four factors used to determine whether a use by a non-holder is fair includes: 1. the purpose and character of the use, including whether such use is of a commercial nature or is for … [Read more...] about FAIR USE EXCEPTION

Laws that govern credit reporting agencies and also concern remedies for consumer fraud. … [Read more...] about FAIR CREDIT REPORTING ACT (FCRA)

A rational, objective and unbiased amount that represents the value of something for which a buyer is willing to buy and a seller to sell. … [Read more...] about FAIR VALUE