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TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

(A) Not bound to servitude; at liberty to act as one pleases. This word is put in opposition to slave. 2. Representatives and direct taxes shall be apportioned among the several states, which may be included within this Union, according to their respective numbers, which shall be determined by adding to the whole number of free persons, including those bound to service for a … [Read more...]

FRAUDULENT MISREPRESENTATION

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A false statement or misrepresentation made intended that the listener will rely upon it and act upon it to their detriment. … [Read more...]

FREE AND CLEAR

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Property which is owned free and clear of any debt or security or claim upon the property. … [Read more...]

FRATERNITY

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

In old English law. "A corporation is an investing of the people of a place with the local government thereof, and therefore their laws shall bind strangers; hut a fraternity is some people of a place united together In respect to a mystery or business into a company, and their laws and ordinances cannot bind strangers." Cuddon v. Eastwlck, 1 Salk. 192. … [Read more...]

FRAUDULENT TRANSFER

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Typically in bankruptcy cases, when a debtor transfers property to another party in order to prevent a creditor from seizing the property. Transfers within 90 days of a bankruptcy are usually scrutinized heavily. Such transfers may be declared void and creditors may recover property that was the result of a fraudulent transfer. … [Read more...]

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