GRATIS DICTUM

A voluntary assertion ; a statement which a party is not legallybound to make, or in which he is not held to precise accuracy. 2 Kent, Comm. 480;Medbury v. Watson, 6 Mete. (Mass.) 260, 39 Am. Dec. 726.

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GRAY MARKET

1. Selling in unauthorized sales-territory, or using an unauthorized dealers in an authorized territory. Undercutting authorized sales territories and authorized dealers with prices lower than wholesale or distributor charges. Shady market of genuine branded goods, known as ‘gray goods’. 2. Consumer market targeting those more than 60 years old..

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GRATUITOUS

Without valuable or legal consideration. A term applied to deeds ofconveyance and to bailments and other contracts.In old English law. Voluntary; without force, fear, or favor. Bract, fols. 11, 17.As to gratuitous “Bailment,” “Contract” and “Deposit,” see those titles.

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GRAY SCALE

Image display or printing with each pixel being only black, or white, or a shade of gray. Due to pixel-control by more than one bit of computer memory. The greater the bits, the greater the color possibilities. For example, four-bit pixel control allows 16 possible shades of gray. 8 bits allow 256 shades.

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Categories: G

GRATUITOUS AND ONEROUS

Gratuitous contracts are those of which the object is the benefit of the person with whom it is made, without any profit or advantage received or promised as a consideration for it. It is not, however, the less gratuitous if it proceed either from gratitude for a benefit before received or from the hope of receiving one hereafter, although such benefit be of a pecuniary nature. Onerous contracts are those in which something is given or promised as a consideration for the engagement or gift, or some service, interest, or condition is imposed on what is given or promised, although unequal to it in value. Civ. Code La. 1700, 1707; Penitentiary Co. v. Nelms, 05 Ga. 505, 38 Am. Rep. 793. Mutual interest, mixed, etc. Contracts of Òmutual interestÓ are such as are entered into for the reciprocal interest and utility of each of the parties; as sales, exchange, partnership, and the like. ÒMixedÓ contracts are those by which one of the parties confers a benefit on the other, receiving something of inferior value in return, such as a donation subject to a charge. Contracts Òof beneficenceÓ are those by which only one of the contracting parties is benefited ; as loans, deposit and mandate. Poth. Obi. 1, 1, 1, 2. A conditional contract is an executory contract the performance of which depends upon a condition. It is not simply an executory contract, since the latter may be an absolute agreement to do or not to do something, but it is a contract whose very existence and performance depend upon a contingency. Railroad Co. v. Jones, 2 Cold. (Tenn.) 584; French v. Osmer, 67 Vt. 427, 32 Atl. 254. Constructive contracts are such as arise when the law prescribes the rights and liabilities of persons who have not in reality entered into a contract at all. but between whom circumstances make it just that one should have a right, and the other be subject to a liability, similar to the rights and liabilities in eases of express contract. Wickham v. Weil (Com. IÕl.) 17 N. Y. Supp. 518: Graham v. Cummings, 208 Pa. 516, 57 Atl. 943; Robinson v. Turrentine (C. C.) 59 Fed. 559; Hertzog v. Ilertzog, 29 Pa. 465Ê

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Categories: G

GRATUITOUS BAILMENT

Another name for a depositum or naked bailment, which is made only for the benefit of the bailor and is not a source of profit to the bailee. Foster v. Essex Bank, 17 Mass. 499, 9 Am. Dec. 108.

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GRAVA

In old English law. A grove; a small wood; a coppice or thicket Co. Litt 46.A thick wood of high trees. Blount

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GRAVAMEN

The burden or gist of a charge; the grievance or injury specially complained of.In English ecclesiastical law. A grievance complained of by the clergy before thebishops in convocation.

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GRAVATIO

In old English law. An accusation or Impeachment. Leg. Ethel, c. 19.

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GRAVE

A sepulcher. A place where a dead body Is Interred.

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