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F

FAIR USE EXCEPTION

by Law Professor

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

FAIR CREDIT REPORTING ACT (FCRA)

by Law Professor

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

FAIR VALUE

by Law Professor

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

FAIR DEBT COLLECTIONS & PRACTICES ACT

by Law Professor

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

by Law Professor

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

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