G

property. For some purposes this term includes money, valuable securities, and other mere personal effects. The term. goods and chattels, includes not only personal property in possession, but also choses in action. The term chattels is more comprehensive than that of goods, and will include all animate as well as inanimate property, and also a chattel real, as a lease for … [Read more...] about GOODS

Gross Profit … [Read more...] about GP

See personal property. … [Read more...] about GOODS AND CHATTELS

General public license. … [Read more...] about GPL

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