18 Guam Code Ann. § 20402
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Terms Used In 18 Guam Code Ann. § 20402
- Contract: A legal written agreement that becomes binding when signed.
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18 Guam Code Ann. BUSINESS STRUCTURE & FUNCTION
CH. 20 AGENCY IN GENERAL
One who assumes to act as an agent is responsible to third persons as a principal for his acts in the course of his agency, in any of the following cases, and in no others:
1. When, with his consent, credit is given to him personally in a transaction;
2. When he enters into a written contract in the name of his principal, without believing, in good faith, that he has authority to do so; or
3. When his acts are wrongful in their nature.
SOURCE: CC § 2343.