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fixtures Items of personal property attached to realproperty such as built-in stoves and dishwashers.Unless otherwise stated in the lease, fixturesbecome part of the real property and belong to thelandlord, even when installed and paid for by thetenant. (p. 721)floater policy Policy that insures property that cannotbe covered by specific insurance because it is constantlychanging in value or location. (p. 762)f.o.b. Stands for “free on board,” and means thatgoods will be delivered from the shipping point tothe destination. (p. 278)forbearance Not doing something that you have thelegal right to do. (p. 164)forgery False signature on a check or other document.(p. 527)401(k) plan Retirement plan whose funds are nottaxed until the money is withdrawn, but the moneycannot be withdrawn without penalty before theage of 59. Employees agree to forgo a bonus ortake a salary reduction in order to invest in thisplan. Employers sometimes match the amountcontributed by employees. (p. 774)fraud A deliberate deception intended to secure anunfair or unlawful gain. (p. 128)fraudulent misrepresentation Any statement thatdeceives the buyer. (p. 318)full warranty Promises to fix or replace a defectiveproduct at no charge to the consumer. (p. 295)future goods Crops that are not yet grown, or otheritems that have not yet been manufactured. (p. 278)Ggeneral agent Person who has been given theauthority to perform any act within the scope ofa business. (p. 402)general jurisdiction A general trial court that handlescriminal and civil cases. All cases that involvemajor crimes and large amounts of money mustbegin in one of these courts. (p. 31)general partnership Two or more parties combinetheir money, labor, and skills for the purpose ofcarrying on a lawful business. (p. 588)genuine agreement A valid offer that is met by avalid acceptance. (p. 109)good faith To deal honestly with another party withno intent to seek advantage or to defraud.(pp. 418, 561)goods Moveable items including specially manufactureditems such as furniture, books, livestock, cultivatedcrops, clothing, automobiles, and personaleffects of any kind. (p. 213)gratuitous Free. The law does not enforce freeagreements. (p. 164)gratuitous agreement Free agreement that does notinvolve consideration. The law usually refuses toenforce free agreements. (p. 164)gratuitous bailment Property is transferred toanother person without either party giving or askingfor payment. (p. 369)grievance procedure Establishes a series of steps thatan employee must follow to appeal the decisions ofan employer who may have violated the collectivebargaining agreement. (p. 435)gross negligence Very great negligence. (p. 370)guardian Someone who is appointed to protect therights of a mentally impaired person or a child.(p. 157)Hhate crime Any act that uses symbols, writings, pictures,or spoken words to create fear or anger inpeople solely because of their race, religion, color,sexual preference, or gender. (p. 65)Health Maintenance Organizations (HMOs)Organizations that contract with doctors and otherhealthcare providers to offer healthcare services formembers. Members pay monthly premiums andmust choose from a list of doctors provided by theHMO. (p. 760)heir Person who inherits real or personal property.(p. 779)holder Person who possesses a negotiable instrumentpayable to the order of the person holding it or tothe bearer. (p. 543)holder in due course Holder who takes an instrumentfor value in good faith and without notice. (p. 560)Glossary 821