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Disclosure imposed on corporate directors, officers andParties to a contract Fair use (US) see right of fair use Fee simple whole interest in a piece of real property; the Broadest interest in property allowed by common law Fee tail estate which lasts as long as the original Grantee or any of his descendants live Fiduciary duty obligation to act solely in the best Interests of another File with to officially record (e.g. in a court of law) Financing measures methods of securing funds or money First-in-time rule which distinguishes which creditor has first claim over a debtor's assets Fitness for a particular purpose if a buyer is buying Property for a certain reason and the seller knows This, then this warranty exists by law to guarantee that The property is suitable for that certain reason. Sometimes referred to as warranty of fitness. Fixed charge (UK) grant of security for a loan on a Specific asset or on specific assets whereby the Creditor has first claim to recover upon default by the Debtor (US security interest in specific assets; (prior to UCC) chattel mortgage) Floating charge (UK) form of security interest over the debtor's assets which may change on a daily basis, Such as stock; a grant of security for a loan on the company's assets in general, and not on any specific Asset (US floating lien) Foreseeability reasonable anticipation of possible results Of an action Glossary E Foreseeability rule rule that states that damages are Only recoverable when it can be established that the Damage was reasonably anticipated by the breaching Party at the time the contract was entered into Form model document or agreement with blank spaces To be filled in Formation act of bringing a contract into existence Fraud deliberate misrepresentation or concealment of a Material fact to gain an advantage Fraud in the inducement act of misrepresenting or Misleading someone so as to entice them to enter Into a contract or agreement Freehold estate property whose duration of ownership or Occupation is not determined Friendly takeover situation where a company attempts to Buy another company with approval of the board of Directors of the company that is being bought Gain control to obtain the power to direct or have Influence over the management of a company Garnishment 1) claim or interest resulting from a legal Proceeding in which party A (creditor) requests a Court to issue an order or writ against party B (garnishee) holding property of or owing money (e.g. Bank account or wages) to party C (debtor) to Release the relevant property or money to the Creditor; 2) the whole process involved in the legal Proceedings described in 1) above General creditor creditor who has no lien or security for payment against the debtor's assets (also known as An unsecured creditor) General damages (also actual damages) compensation For proven injury or loss Genuine occupational qualification limited Circumstances where sex or marital status may be Used as a job requirement Date: 2015-12-11; view: 700
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