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fair competition.See COMPETITION. [Blacks Law 8th]

fair comment.A statement based on the writer’s or speaker’s honest opinion about a matter of public concern. • Fair comment is a defense to libel or slander. [Cases: Libel and Slander 48(1). C.J.S. Libel and Slander; Injurious Falsehood §§ 91–92, 96, 98, 102–104.][Blacks Law 8th]

fair cash value.See fair market value under VALUE(2).[Blacks Law 8th]

fair cash market value.See fair market value under VALUE(2).[Blacks Law 8th]

fair averaging.The process of assessing taxes by using the average of the amount and price of goods acquired over a 12-month period rather than the amount and price at a particular time of the year.[Blacks Law 8th]

fair and valuable consideration.See fair consideration under CONSIDERATION (1). [Blacks Law 8th]

fair and reasonable value.See fair market value under VALUE(2).[Blacks Law 8th]

fair and proper legal assessment.See EQUALIZATION(2).[Blacks Law 8th]

fair and impartial trial.See FAIR TRIAL.[Blacks Law 8th]

fair and impartial jury.See impartial jury under JURY.[Blacks Law 8th]