Latin for Lawyers
L ATIN FOR L AWYERS
name or title. A partnership recognized as a legal entity separate from its members, as a law firm .The name or title utilized by a business or profes sional partnership. FIRM OFFER An irrevocable offer in writing by a merchant to buy or sell an item or com modity for a stated period of time or for a reasonable period of time, not to exceed three months. The offer need not recite or be accompanied by consid eration. UCC §2-205. FISCAL [L. fiscus / a basket or container, a money bag; also, the emperor’s treasury; money] Pertaining to matters of money and finances, as in fiscal period or fiscal pol icy. A fiscal period is any period of twelve consecutive months chosen by a corporation or business as its accounting and reporting period. Also, relating to public financing or taxation or the public debt. FIXTURE [L. figere / to fix, fasten, affix] Anything which is originally personal property but which is physically attached to real property and becomes a permanent part of the realty; e.g., a furnace, store counters, etc. Generally, fixtures installed by a tenant become a part of the building and cannot be removed by the tenant upon termination of his occupancy. See RES IMMOBILES FLAGRANS CRIMEN [L. flagrare / to burn, glow, blaze + crimen / fault, crime] In the course of committing a crime. While a crime is committed. FLAGRANTE DELICTO [L. flagrare / to burn, glow + delictum / fault, crime] In the very act of committing a crime or misdeed; also, to be discovered in an illicit sex act. See IN FLAGRANTE DELICTO FORCE [L. fortis / strong, powerful, brave, energetic] Power, strength or energy. A source of motion or change, as in the force of the wind, or the force of public opinion . A group of persons organized for collective action, as a military force , the labor force , a police force , etc. An intervening force is any action or event which follows an initial act of negli gence and which contributes to the injury caused the victim of the negligence. An irresistible force is any action which cannot be thwarted or resisted, e.g., an unpredictable event which prevents performance of a contract term.
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