20 Guam Code Ann. § 2208
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Terms Used In 20 Guam Code Ann. § 2208
- Contract: A legal written agreement that becomes binding when signed.
- Personal property: All property that is not real property.
The detriment caused by the breach of a seller’s agreement to deliver personal property, the price of which has not been fully paid in advance, is deemed to be the excess, if any, of the value of the property to the buyer, over the amount which would have been due to the seller under the contract, if it had been fulfilled.
SOURCE: CC § 3308.