GO TO PROTEST

go to protest.(Of commercial paper) to be dishonored by nonpayment or nonacceptance <the draft will go to protest>. See DISHONOR(1); PROTEST(2). [Blacks Law 8th]

Read More

GOODWILL

goodwill. A business’s reputation, patronage, and other intangible assets that are considered when appraising the business, esp. for purchase; the ability to earn income in excess of the income that would be expected from the business viewed as a mere collection of assets. • Because an established business’s trademark or servicemark is a symbol of…

Read More

GOOD-SOLDIER DEFENSE

good-soldier defense.An excuse theory based on the assertion that a defendant was following orders, esp. of a military or corporate superior. • The term is a derisive label rather than a valid defense. Following an order does not relieve a defendant of responsibility for wrongful acts unless there are circumstances that would amount to coercion.…

Read More

GOODS AND CHATTELS

goods and chattels (chat-<<schwa>>lz), n. Loosely, personal property of any kind; occasionally, tangible per-sonal property only. — Also termed goods and effects; goods and merchandise. [Blacks Law 8th]

Read More

GOOD-SAMARITAN LAW

good-samaritan law.A statute that exempts from liability a person (such as an off-duty physician) who voluntarily renders aid to another in imminent danger but negligently causes injury while rendering the aid. • Some form of good-samaritan legislation has been enacted in all 50 states and in the District of Columbia. — Also written Good Samaritan…

Read More