Glossary of Tort Law Terms

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General Partner: One of two kinds of partners in a limited partnership. A general partner has the right to participate in the management of the partnership and has unlimited personal liability for its debts.

Good Faith: Honestly and without deception. An agreement might be declared invalid if one of the parties entered with the intention of defrauding the other.

Grantor: The person who sets up a trust.

Gross Negligence: Failure to use even the slightest amount of care; showing recklessness or willful disregard for the safety of others.