Definition:
Good: An item that is dependable and efficient, or possesses worth. When referring to “goods,” we typically refer to items that can be purchased and exchanged, such as clothing or toys. There exist various categories of goods, including those utilised within households (household goods) or those employed in the production of other items (capital goods). Certain goods are designed to endure for an extended period, such as cars or computers (durable goods), while others are intended for immediate consumption, such as food or soap (soft goods).
The term “good” has multiple meanings. As an adjective, it signifies something that is sound, reliable, valid, effectual, and enforceable. When used as a noun, it refers to tangible personal property, excluding money, particularly items of trade or merchandise. For instance, a good investment is one that is dependable and likely to yield a return. Good title denotes a legal title to property that is valid and enforceable. Goods encompass various items of merchandise that can be purchased and sold, such as clothing, electronics, and food. These examples demonstrate how the term “good” can describe something that is trustworthy, effective, and valuable. As a noun, it encompasses physical items that can be traded or sold, ranging from consumer goods like clothing and electronics to capital goods like machinery and equipment.
“Good” can have different meanings depending on the context. In contract law, it may refer to a product or service that meets a certain standard of quality. In criminal law, it may refer to a person’s character or behavior.
Yes, a person can still be sued for doing something that is considered “good” if it causes harm or violates someone’s rights.
The “good faith” doctrine is a legal principle that requires parties to act honestly and with a sincere belief in the validity of their actions.
Yes, if one party did not act in “good faith” during the formation or performance of a contract, it may be considered invalid or unenforceable.
“Good cause” refers to a valid reason for terminating an employee, while “just cause” refers to a specific type of misconduct that warrants immediate termination.
Yes, a person can be held liable for not doing something that is considered “good” if they had a legal duty to do so and their failure to act caused harm.
The “good Samaritan” law provides legal protection to individuals who render aid to someone in an emergency situation, as long as they act in good faith and without expectation of compensation.
It depends on the circumstances. In some cases, such as child abuse or neglect, there may be a legal duty to report certain information to authorities. Failure to do so could result in criminal charges.
The “good moral character” requirement is a standard that must be met by individuals seeking certain types of immigration benefits, such as naturalization. It generally requires a clean criminal record and adherence to certain ethical standards.
Yes, in some cases, employers or landlords may consider an individual’s “good moral character” as a factor in their hiring or rental decisions. However, this must be done in a non-discriminatory manner and cannot be used to unfairly exclude certain groups of people.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 16th April 2024.
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