18 Guam Code Ann. § 82602
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Terms Used In 18 Guam Code Ann. § 82602
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor.
SOURCE: CC § 1542.
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18 Guam Code Ann. BUSINESS STRUCTURE & FUNCTION
CH. 82 OBLIGATIONS EXTINGUISHED