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TeachMeFinance.com - explain FAIR Act of 1996 FAIR Act of 1996 The term 'FAIR Act of 1996 ' as it applies to the area of agriculture can be defined as ' Federal Agriculture Improvement and Reform Act of 1996; the 1996 omnibus farm bill'. Previous 5 Terms: Failed acreage Failure Failure or hazard Failure potential assessment Fair Next 5 Terms: Fair information practices Fair market value (FMV) fair sharing fairway falanouc About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.