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F

FACTORY

by Law Professor

In English law. The term includes all buildings and premises wherein, or within the close or curtilage of which, steam, water, or any mechanical power is used to move or work any machinery employed in preparing, manufacturing, or finishing cotton, wool, hair, silk, flax, hemp, jute, or tow. So defined by the statute 7 Vict, c 15, 5 73. By later acts this definition has been … [Read more...] about FACTORY

FAILLITE

by Law Professor

In French law. Bankruptcy; failure; the situation of a debtor who finds himself unable to fulfill his engagements. Code de Com. arts. 442, 580; Civil Code La. art 3522. … [Read more...] about FAILLITE

FACILITY

by Law Professor

In Scotch law. Pliancy of disposition. Bell. Facinus quos inquinat aequat. Guilt makes equal those whom it stains. … [Read more...] about FACILITY

FACTS IN ISSUE

by Law Professor

The facts of the lawsuit or in the matter where the parties try to make their case, such as the matters a plaintiff attempts to prove and the defendant disprove. … [Read more...] about FACTS IN ISSUE

FAILURE

by Law Professor

In a general sense, deficiency, want or lack; ineffectualness; inefficiency as measured by some legal standard; an unsuccessful attempt. White v. Pettijohn, 23 N. C. 55; State v. Butler, 81 Minn. 103, 83 N. W. 483; Andrews v. Keep, 38 Ala. 317. In commercial law, the suspension or abandonment of business by a merchant, manufacturer, bank, etc., in consequence of insolvency. … [Read more...] about FAILURE

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