18 Guam Code Ann. § 85102
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Terms Used In 18 Guam Code Ann. § 85102
- Contract: A legal written agreement that becomes binding when signed.
It is essential to the existence of a contract that there should be:
1. Parties capable of contracting;
2. Their consent;
3. A lawful object; and
4. A sufficient cause or consideration.
SOURCE: CC § 1550.
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18 Guam Code Ann. BUSINESS STRUCTURE & FUNCTION
CH. 85 NATURE OF A CONTRACT
NOTE: No 1970 Civil Code §§ 1551-1555 existed.
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ARTICLE 2
PARTIES