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Fender Bender

When two or more vehicles are involved in a low-impact collision with minimal damage.

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Financial Responsibility Laws

The name given to laws requiring motorists to obtain insurance coverage on vehicles driven on state roads.

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FINAL SETTLEMENT

1. The agreement that ends matters between partners dissolving a partnership. 2. The settling of outstanding obligations.

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FALSE IMPRISONMENT

See false arrest.

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FALSE STATEMENT

a statement that is a deceitful and untrue statement that is made for ulterior motives.

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FRIVOLOUS ACTION

the term that describes a law suit that is not legally tenable and as such is worthless.

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FUTURE RIGHT

right that will happen in the future and in accordance with provisions and stipulations of an existing contract.

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FURTHER INSTRUCTIONS

These are the additional instructions that are given to the jury by a judge after they have begun deliberating a case.

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FRAUD ORDER

an order given by the post master general to return mail to the sender who is using mail to defraud.

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FUTURE EARNINGS

This term is applied to the earnings an injured would have made if he had not have been injured.

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FEDERAL DEPOSIT INSURANCE CORPORATION

abbreviated to FDIC and is an agency of the US government that insures solvency of banks and their deposits.

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FIXING BAIL

the amount set that needs to be deposited before a suspect is released.

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FACTS IN ISSUE

These are the facts that a plaintiff will base his claim on or which the defendant denies the claim on.

TLD Example: The time it takes for a trial can be greatly reduced if the opposing parties can agree on key points and reduce the facts in issue in a particular case.

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FALSE ARREST

This term applies to the unlawful restraint and or imprisonment of a person and an illegal arrest.

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FAVORED BENEFICIARY

This term applies to the beneficiary who receives more than others.

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FICTION OF LAW

See fiction.

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FINAL DECISION

the term given to the decision that will settle a matter.

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FRIENDLY MERGER

the merger of businesses that is not to be contested by any of the businesses involved.

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FOREIGN TAX CREDIT

a ruling to prevent Americans who earn money overseas from paying double income tax.

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FIXED PRICES

These are the agreed on prices. See price fixing.

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