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Terms Used In 22 Guam Code Ann. § 7202

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
As used in this Chapter:

(a) Director means the Director of Labor.

(b) Employment agency means any individual, agent, partnership, corporation or association, engaged in the business of providing employment information, procuring employment for applicants or procuring employees for placement with employers upon request, for a fee or other valuable thing, exacted, charged or received, but shall not include the United States or the territory of Guam or instrumentalities thereof.

(c) Employer includes any individual, agent, partnership, corporation or association, employing or seeking to employ any person for hire.

(d) Applicant means any person who uses the services of an employment agency to secure employment for himself.

(e) Gross wages, salaries or commissions means the gross amount of the applicant’s actual earnings from employment.

SOURCE: GC § 48301.