Question: What Does Fair And Reasonable Mean?

What does fair really mean?

Adjective.

fair, just, equitable, impartial, unbiased, dispassionate, objective mean free from favor toward either or any side.

fair implies a proper balance of conflicting interests.

a fair decision just implies an exact following of a standard of what is right and proper..

What does fair mean in law?

procedural regularity: a trial that is conducted fairly, justly, and with procedural regularity by an impartial judge and in which the defendant is afforded his or her rights under the U.S. Constitution or the appropriate state constitution or other law.

What is a reasonable price?

adjective. If you say that the price of something is reasonable, you mean that it is fair and not too high.

Why is it important to be fair in life?

In a community where people are being treated fair everyone works together, solves problems easily, has fun, cares for one another, feels safe and gets along. That is a way that many people want to live. It should be important to a person to act with fairness. If you do this people will respect and trust you.

Does fair mean equal?

Fair means that everyone gets what they need or deserve while equal means that everyone gets the same regardless of need.

Does fair mean beautiful?

On the one hand, fair is an archaic word for beautiful. … The word is a cognate of Old Saxon fagar, meaning beautiful, pretty or peaceful. Since the days of the historian Bede, in the early 700s, it was used to mean good-looking.

What is another word for reasonable?

In this page you can discover 109 synonyms, antonyms, idiomatic expressions, and related words for reasonable, like: intelligent, liberal, common sense, thoughtful, perceiving, agreeable, plausible, rational, sensible, sane and level-headed.

What’s the meaning of reasonable?

Reasonable describes someone or something that’s sensible and fair, like your teacher who gives reasonable homework assignments — they don’t take you forever to do and they relate to what you are studying. If you’re reasonable, you have good sense and judgment.

What are the 5 pricing strategies?

Types of Pricing StrategiesCompetition-Based Pricing.Cost-Plus Pricing.Dynamic Pricing.Freemium Pricing.High-Low Pricing.Hourly Pricing.Skimming Pricing.Penetration Pricing.More items…•

What makes someone reasonable?

The “reasonable person” is a hypothetical individual who approaches any situation with the appropriate amount of caution and then sensibly takes action. It is a standard created to provide courts and juries with an objective test that can be used in deciding whether a person’s actions constitute negligence.

What is a reasonable reason?

2 adj If you say that a decision or action is reasonable, you mean that it is fair and sensible. … a perfectly reasonable decision…, At the time, what he’d done had seemed reasonable. 3 adj If you say that an expectation or explanation is reasonable, you mean that there are good reasons why it may be correct.

What is a fair and reasonable price?

A fair and reasonable price is the price point for a good or service that is fair to both parties involved in the transaction. This amount is based upon the agreed-upon conditions, promised quality and timeliness of contract performance.