corporations

In agency law, express authority is an agent's power to act on behalf of a principal, expressly granted by the principal.

Extraordinary compensation (also called extraordinary fees) is payment an attorney seeks for irregular tasks required in administering an estate such as extra accounting during a tax audit. The attorney must prove to a judge that the compensation is justified in order to receive the extra fees.  

A fictitious business name is a name used by a natural person or entity for conducting business under such a name, which is different from its legal name.

A fictitious name is an artificial name deliberately created or adopted. For example, a business may have a fictitious business name. Fictitious names may also be used when filing a lawsuit against someone whose name is unknown to the plaintiff or to conceal a person’s identity.

A fiduciary, derived from the Latin term for “trust”, is a person owing a fiduciary duty to another. When someone has a fiduciary duty to someone else, the person with the duty must act in a way that will benefit someone else financially. Owing a fiduciary duty to a party creates a fiduciary relationship. 

Overview

When someone has a fiduciary duty to someone else, the person with the duty must act in a way that will benefit someone else financially.

• corporations
• llcs
• partnerships
• business organizations
• fiduciary duty
• fiduciary relationship

Fixed Asset is an accounting term for property and equipment which are used in the production and distribution of services. Fixed assets are tangible, long-term assets or properties that are not consumed or easily converted into cash, and are often used in the production of income.

A foreign corporation is a corporation which is incorporated or registered under the laws of one state or foreign country and does business in another.

• llcs-corporations-partnerships

Foreign Corrupt Practices Act (FCPA) is the primary piece of legislation in the U.S. that prohibits the bribing of foreign officials by U.S. citizens and employees of U.S.-listed companies.

The International Monetary Fund (“IMF”) defines foreign direct investment (“FDI”) as a “cross-border investment” in which an investor that is “resident in one economy [has] control or a significant degree of influence on the management of an enterprise that is resident in another economy.” See: