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  going price,n. The prevailing or current market value of something. See fair market value under VALUE(2). . [Blacks Law 8th]

going-concern value.See VALUE(2). . [Blacks Law 8th]

going concern.A commercial enterprise actively engaging in business with the expectation of indefinite conti-nuance. — Also termed going business. [Blacks Law 8th]

going-and-coming rule. 1. The principle that torts committed by an employee while commuting to or from work are generally outside the scope of employment. [Cases: Master and Servant 302.] 2. The principle that denies workers’-compensation benefits to an employee injured while commuting to or from work. [Cases: Workers’ Compensation 719–755. C.J.S. Workmen’s Compensation §§ 431–432,…

go hence without day.(Of a defendant to a lawsuit) to be finished with legal proceedings without any further settings on the court’s calendar. • Thus, a defendant who “goes hence without day” succeeds in getting a case finally resolved, usu. by dismissal. The phrase derives from the Law French phrase aller sans jour, and over…

go forward,vb. To commence or carry on with the presentation of a case in court <after the lunch recess, the judge instructed the plaintiff to go forward with its case>. [Blacks Law 8th]

God’s penny.Hist. Earnest money; a small sum paid on the striking of a bargain. — Also termed denarius Dei; earnest-penny; godpenny. See ARRA. “It is among the merchants that the giving of earnest first … becomes a form which binds both buyer and seller in a contract of sale. To all appearances this change was…

godparent.Eccles. law. A person, usu. a close family friend or relative, who accepts a parent’s invitation to assume part of the responsibility for the religious education of a newly baptized child. Often, too, there is an un-derstanding that the godparent would help support and rear the child if the parents were to die or become…

God-gild.Hist. Money paid or something offered for the service of God; esp., a payment of money or a gift (for example, land) to a church. See FRANKALMOIN. [Blacks Law 8th]

Godbote. See BOTE(2). [Blacks Law 8th]