Latin for Lawyers
Special words or ideas subtract from the meaning or power of general words or ideas. GENERAL PARTNER Every partner in a general partnership — i.e., any partnership which is not a limited partnership — is a general partner. In a general partnership , each partner is fully liable for all partnership debts regardless of the amount of his capital contribution. In a limited partnership, a general partner is a partner who conducts the partnership business and who assumes personal liability for all the obligations of the partnership. The limited partners of a limited part nership do not participate in management and are liable for partnership debts only to the extent of their capital contributions. GENERAL POWER OF APPOINTMENT A power which permits the holder of the power to appoint anyone he choses, including himself. GENERATION [L. generare / to give birth to, produce] A measurement of the succession of human lives which assigns a different designation at each level of descent; e.g., my father’s generation, the current generation, the post-war generation, etc. One level of lives in the succession of human history. Also, the successive degrees in computing the order of descent in the law of Wills. The average length of time between the birth of a parent and the birth of his first child. GENERIC [L. generare ] Characteristic or representative of an entire class. In trademark law, a generic mark is one which has such common and widespread use that it cannot be protected as a trademark. The generic name of a drug or prescription is the original scientific name assigned to it, as opposed to the brand name given to it by a pharmaceutical company. GENTRIFICATION [L. gens / a group of people with common ancestors linked by a common surname] The process by which a neighborhood of poorer people and rundown dwell ings is converted into an upscale middle class or more affluent neighborhood by the influx of new residents and the renovation of existing housing. GENUINE [L. genuinus (from gigno, gignere / to give birth to) / natural, inher ent] Real, authentic. Free from contamination or adulteration. True; not false or counterfeit. As applied to documents, instruments or creative works such as paintings or literature, the word means that they can be verified as true origi-
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