|
BUSINESS LAW GLOSSARY |
 |
Glossary of Business
Law Terms
A
B C
D E
F G
H I
J K L
M N
O P
Q R S
T U
V
W X Y Z #
Click on
the first letter of the word from the list above to go to
the appropriate section of the glossary. Contact us if you would like a personal injury law glossary or
one of other legal glossaries for
your website.
- F -
Fair Trade Laws: State laws which permit
manufacturers or producers to set minimum rates for resale of the product. These
laws have been repealed and/or found to be in violation of state constitutions
in several states.
Fair Use: The non-competitive right to use
of copyrighted material without giving the author the right to compensation or
to sue for infringement of copyright. With the growing use of copy machines,
Family Medical Leave Act: The federal law
that requires certain employers to give time off to employees to take care of
their own or a family member's illness, or to care for a newborn or adopted
child.
Fictitious Business Name: A company whose
operating name differs from its legal name is said to be doing business under a
fictitious business name. Some states require DBA (doing business as) or
fictitious business name filings to be made for the protection of consumers
conducting business with the entity.
Fiduciary Relationship: A special
relationship in which one party, the fiduciary, owes heightened duties of good
faith and responsibility to the other party.
Final Judgment: The written ruling on a
lawsuit by the judge who presided at trial. This completes the case unless it is
appealed to a higher court. This term can be used interchangeably with a final
decree or final decision.
Foreign Corporation: A corporation which
is incorporated under the laws of a different state or nation. A
"foreign" corporation must file a notice of doing business in any
state in which it does substantial regular business.
Franchise Tax: A tax levied in
consideration for the privilege of either incorporating or qualifying to do
business in a certain state. A franchise tax may be based upon income, assets,
outstanding shares, or a combination.
Franchise: A right granted by the
government to a person or corporation, such as a taxi permit, bus route, an
airline's use of a public airport, business license or corporate existence.
Fraud: Occurs when intentional false
statements are made to entice a victim to give up something of value.
Front Pay: A type of damages award in an
employment lawsuit that represents the amount of money the employee would have
earned if the employee was reinstated or hired into the higher-paying position
from which he or she was illegally rejected.
Fully Reporting Company: A public company
that is subject to the Securities and Exchange Commission's periodic reporting
requirements.
Fungible Things: Sometimes merely called
"fungibles," goods which are interchangeable, often sold or delivered
in bulk, since any one of them is as good as another. Grain or gravel are
fungibles, as are securities which are identical.
DISCLAIMER: The
information contained within this personal injury site is of a general nature
and is not meant to be a restatement of any rules of law. Your
use of this site does not create an attorney-client
relationship. You should hire an attorney to obtain legal
advice for your specific case.
© Copyright 2004,
Consultwebs.com, Inc., All rights reserved. Personal
Injury Law
Glossary.
|
