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LSDefine

Simple English definitions for legal terms

fair dealing

Read a random definition: warranty of merchantability

A quick definition of fair dealing:

Term: Fair Dealing

Definition: Fair dealing means conducting business in an honest and open way, especially when someone in charge of a company is involved. It also means that when someone is in charge of other people's money, they must tell everyone involved about any personal benefits they might get from a transaction. In Canada, fair dealing is similar to fair use, which means using someone else's work in a reasonable and fair way without breaking the law.

A more thorough explanation:

Fair dealing refers to the conduct of business with full disclosure, usually by a corporate officer with the corporation. It is a legal term that is used to describe the actions of a fiduciary who transacts business in a way that all interested parties are fully informed of the potential benefits and any other material information about the transaction.

For example, if a corporate officer is considering a business deal that could potentially benefit them personally, they must disclose this information to all interested parties, such as shareholders or board members. This ensures that everyone involved is aware of the potential conflict of interest and can make an informed decision about whether or not to proceed with the deal.

In Canadian law, fair dealing is similar to the concept of fair use in the United States. It allows for the use of copyrighted material for certain purposes, such as research, private study, criticism, review, or news reporting, without the permission of the copyright holder.

An example of fair dealing in action would be a student using a small excerpt from a copyrighted book in their research paper. As long as the use is for a specific purpose and does not harm the market value of the original work, it is considered fair dealing.

fair-cross-section requirement | fair hearing

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TGM
18:39
@texaslawhopefully: alas, haven’t even gotten an interview (applied around thanksgiving)
18:39
Yeah I would delay as long as you have plausible deniability
TGM
18:40
I actually do have a transcript issue that registrar needs to resolve, should I say that
TGM
18:41
(Course marked as Incomplete that’s supposed to be removed)
TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
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hey yall
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im premed idk why im here
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we’re like cool and sexy and fun I get it
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Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
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