Fairs - Page 2 - Law Dictionary

Fairness

Fairness, is a fundamental principle of good administration. It is a rule to ensure the vast power in the modern State is not abused but properly exercised. The State power is used for proper and not for improper purposes. The authority is not misguided by extraneous or irrelevant considerations. Fairness is also a principle to ensure that statutory authority arrives at a just decision either in promoting the interest or affecting the rights of persons, M.S Mally Bharat Engg. Co. Ltd. v. State of Bihar, (1990) 2 SCC 48 (55).Implies that even an administrative authority must act in good faith; and without bias, apply its mind to all relevant considerations and must not be swayed by irrelevant consideration, must not be act arbitrarily or capriciously and must not come to a conclusion which is perverse or is such that no reasonable body of persons properly informed could arrive at, Pyrites, Phosphates & Chemicals Ltd. v. Bihar Electricity Board, AIR 1996 Pat 1....

fair housing

fair housing Federal and state "fair housing" laws entitle home buyers, renters, and mortgage borrowers with protections against discrimination based on disability, gender, marital status, race, and sexual orientation (among other things). ...

fair credit reporting act

fair credit reporting act federal act to ensure that credit bureaus are fair and accurate protecting the individual's privacy rights enacted in 1971 and revised in October 1997. Source: U.S. Department of Housing and Urban Development ...

fair value

fair value 1 : a reasonable value (as one set by courts and regulatory commissions) for property 2 : fair market value ...

Fairly based

Fairly based, a claim is fairly based on a provisional specification if, (1) what is claimed can be said to have been broadly described in the provisional specification; (2) there is nothing in the provisional specification inconsistent with what is claimed; and (3) the claim does not includes as a characteristic of the invention any feature as to which the provisional specification is wholly silent, Mond Nickel Co. Ltd.'s Application, (1956) RPC 189 (194); Imperial Chemical Industries Ltd.'s Application, (1960) RPC 223 (227). See also Halsbury's Laws of England, Vol. 35, para 322, p. 323....

fair-trade agreement

fair-trade agreement : an agreement between a producer and a seller that commodities bearing a trademark, label, or trade name belonging to the producer be sold at or above a specified price NOTE: Most fair-trade agreements are illegal. ...

Statute fair

Statute fair, a fair at which labourers of both sexes stood and offered themselves for hire; sometimes called also Mop....

VerbarLaissez faire

Noninterference an axiom of some political economists deprecating interference of government by attempts to foster or regulate commerce manufactures etc by bounty or by restriction as the doctrine of laissez faire the laissez faire system of government...

Fair and equitable benefit sharing

Fair and equitable benefit sharing, 'fair and equitable benefit sharing' means sharing of benefits as determined by the National Biodiversity Authority under s. 21. [Biological Diversity Act, 2002 (18 of 2003), s. 2(g)]...

Fair price

Fair price, the fair price has to be determined in respect of the entire produce ensuring to the industry a reasonable return on the capital employed in the business of manufacturing sugar, Anakapalle Co-op. Agrl. And Industrial Society Ltd. v. Union of India, AIR 1973 SC 734 (736): (1973) 3 SCC 435: (1973) 2 SCR 882....

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