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General Damages

Monetary recovery in a lawsuit for injuries suffered (such as pain, suffering, inability to perform certain functions) or breach of contract for which there is no exact dollar value which can be calculated. They are distinguished from special damages, which are for specific costs, and from punitive (exemplary) damages for punishment and to set an example when malice, intent or gross negligence was a factor.

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Good Faith

The intent to act honestly without taking an unfair advantage over another person or to fulfill a promise to act.

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Good Samaritan Laws

There is no legal duty to render assistance to another unless there is a direct caregiver-patient relationship with an individual or there is a voluntary assumption of the duty, or such a duty is specifically mandated by state law.

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Grace Period

A time stated in a contract in which a late payment or performance may be made without penalty. Often after the grace period ends without payment or performance by the person who is supposed to pay, the contract is suspended.

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Grant

To transfer real property from a title holder (grantor) or holders to another (grantee) with or without payment. However, there is an important difference between the types of deeds used. A grant deed warrants (guarantees) that the grantor (seller) has full right and title to the property, while a quitclaim deed only grants whatever the grantor owns and guarantees nothing.

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