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This phrase is frequently used in actions of assumpsit, and the sale and delivery of goods are the foundation of the action. When a plaintiff declares for goods sold and delivered, he is required to prove, first, the contract of sale; secondly, the delivery of the goods, or such disposition of them as will be equivalent to it; and, thirdly, their value. 11 . Shepl. 505. These … [Read more...] about GOODS SOLD AND DELIVERED

Group Purchasing Organization … [Read more...] about GPO

(A) The benefit that a company derives as a result of its good trade name. It may be recorded as an intangible asset on balance sheets of a company. (B) By this term is meant the benefit which arises from the establishment of particular trades or occupations. Mr. Justice Story describes a good will to be the advantage of benefit which is acquired by an establishment, beyond the … [Read more...] about GOODWILL

This word is commonly used in contradistinction to "right" Thus, in St 22 Edw. III., the lord chancellor was instructed to take cognisance of matters of grace, being such subjects of equity jurisdiction as were exclusively matters of equity. Brown. A faculty, license, or dispensation; also general and free pardon by act of parliament See ACT OF GRACE. … [Read more...] about GRACE

Conduct authorized by law. Surety of good behaviour may be demanded from any person who is justly suspected, upon sufficient grounds, of intending to commit a crime or misdemeanor. Surety. for good behaviour is somewhat similar to surety of the peace, but the recognizance is more easily forfeited, and it ought to be demanded with greater caution. … [Read more...] about GOOD BEHAVIOUR