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Home » Law Dictionary » G » GOOD

GOOD

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

1. Valid; sufficient In law; effectual ; unobjectionable. 2. Responsible; solvent; able to pay an amount specified. 3. Of a value corresponding with its terms; collectible. A note is said to be “good” when the payment of it at maturity may be relied on. Curtis v. Smallman, 14 Wend. (N. Y.) 232; Cooke v. Nathan, 16 Barb. (N. Y.) 344. Writing the word “Good” across the face of a check is the customary mode in which bankers at the present day certify that the drawer has funds to meet it, and that it will be paid on presentation for that purpose. Merchants’ Nat. Bank v. State Nat. Bank, 10 Wall. 645. 19 L. Ed. 1008; Irving Bank v. Wetherald, 36 N. Y. 335. Good abearing. See Abearance. Good and lawful men. Those who are not disqualified for service on juries by non age, alienage, infamy, or lunacy, and who reside in the county of the venue. Bonds v. State, Mart. & Y. (Tenn.) 146, 17 Am. Dec. 795; State v. Price, 11 N. J. Law, 209. Good and valid. Reliable, sufficient, and unimpeachable in law; adequate; responsible. Good behavior. Orderly and lawful conduct; behavior such as is proper for a peaceable and law abiding citizen, Surety of good behavior may be exacted from any one who manifests an intention to commit crime or is otherwise reasonably suspected of a criminal design. Huyser t. Com., 76 S. W. 175. 25 Ky. Law Rep. 608; In re Spenser, 22 Fed. Cas. 921. Good consideration. As distinguished from valuable consideration, a consideration founded on motives of generosity, prudence, and natural duty; such as natural love and affection. Potter v. Gracie, 58 Ala, 307, 29 Am. Rep. 748; Groves v. Groves, 65 Ohio St. 442, 62 N. E. 1044; Jackson v. Alexander, 3 Johns. (N. Y.) 484, 3 Am. Dec. 517. Good country. In Scotch law. Good men of the country. A name given to a jury. Good faith. Good faith consists in an honest intention to abstain from taking any unconscientious advantage of another, even through the forms or technicalities of law, together with an absence of all information or belief of facts which would render the transaction unconscientious. Crouch v. First Nat. Bank, 156 111. 342, 40 N. E. 974; Docter V. Furch, 91 Wis. 464, 65 N. W. 161; Gress v. Evans, 1 Dak. 387, 46 N. W. 1132; Walraven v. Bank, 96 Tex. 331, 74 S. W. 530; Searl v. School Dist., 133 U. S. 553, 10 Sup. Ct. 374, 33 L. Ed. 740. Good jury. A jury of which the members are selected from the list of special jurors. See L. R. 5 C. P. 155. Good title. This means such a title as a court of chancery would adopt as a sufficient ground for compelling specific performance, and such a title as would be a good answer to an action of ejectment by any claimant. Reynolds v. Borel, 86 Cal. 538, 25 Pac. 67; Irving v. Campbell, 121 N. Y. 358, 24 N. E. 821, 8 L. R. A. 620; Gillespie v. Broas, 23 Barb. (N. Y.) 381. Good will. The custom or patronage of any established trade or business; the benefit or advantage of having established a business and secured its patronage by the public. The advantage or benefit which is acquired by an establishment, beyond the mere value of the capital, stocks, funds, or property employed therein, in consequence of the general public patronage and encouragement which it receives from constant or habitual customers, on account of its local position, or common celebrity, or reputation for skill or affluence or punctuality, or from other accidental circumstances or necessities, or even from ancient partialities or prejudices. Story, Partn.

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