A privileged market. 2. In England, fairs are granted by the king's patent. 3. In the United States, fairs are almost unknown. Law Dictionary - Alternative Legal Definition (noun) - In English law. A greater species of market; a privileged market. It is an incorporeal hereditament, granted by royal patent, or established by prescription presupposing a grant from the crown. In … [Read more...] about FAIR
F
FAIR PLEADER
This is the name of a writ given, by the statute of Marlebridge. … [Read more...] about FAIR PLEADER
FAIR AND REASONABLE MARKET VALUE
See fair market value … [Read more...] about FAIR AND REASONABLE MARKET VALUE
FAIR TRADE LAWS
State law promulgated so as to allow manufacturers to set minimum prices for which their products could be sold for on the open market. Many states have repealed these fair trade laws. … [Read more...] about FAIR TRADE LAWS
FAIR COMMENT
An opinion statement which is typically offensive to others or may be absurd but which is protected free speech. For example, speech denigrating the appearance of a famous actress which may be inaccurate to most and potentially harmful but without true malicious intent and desire to harm. … [Read more...] about FAIR COMMENT