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
F
FAIR DEBT COLLECTIONS & PRACTICES ACT
Also known as the FDCPA, this federal law prohibits unfair debt collection practices by credit collection agencies, including harassment of debtors, threats, calling at odd hours or on multiple occasions, making false statements or representation and otherwise regulates proper conduct of debt collectors working for collection agencies. The law does not apply to creditors who … [Read more...] about FAIR DEBT COLLECTIONS & PRACTICES ACT
FAIRLY
Justly; rightly; equitably. With substantial correctness."Fairly" is not synonymous with "truly," and "truly" should not be substituted for it in a commissioner's oath to take testimony fairly. Language may be truly, yet unfairly, reported; that is, an answer may be truly written down, yet in a manner conveying a different meaning from that intended and conveyed. And language … [Read more...] about FAIRLY
FAILURE OF CONSIDERATION
When one party to a contract fails to fulfill its promise or obligation. A breach of the contract. … [Read more...] about FAILURE OF CONSIDERATION
FAIR EMPLOYMENT PRACTICES ACT
Federal law that prohibits discrimination in the workplace. … [Read more...] about FAIR EMPLOYMENT PRACTICES ACT
