§ 2102 Scope
§ 2103 Definitions and Index of Definitions
§ 2106 Definitions: Contract; Agreement; Contract for Sale; Sale; Present Sale; Conforming to Contract Termination; Cancellation
§ 2107 Goods to Be Severed from Realty; Recording
§ 2201 Formal Requirements; Statute of Frauds
§ 2202 Final Written Expression: Parol or Extrinsic Evidence
§ 2204 Formation in General
§ 2205 Firm Offers
§ 2206 Offer and Acceptance in Formation of Contract
§ 2207 Additional Terms in Acceptance or Confirmation
§ 2208 Course of Performance or Practical Construction
§ 2209 Modification, Rescission and Waiver
§ 2210 Delegation of Performance; Assignment of Rights
§ 2301 General Obligations of Parties
§ 2302 Unconscionable Contract or Clause
§ 2303 Allocation or Division of Risks
§ 2304 Price Payable in Money, Goods, Realty, or Otherwise
§ 2305 Open Price Term
§ 2306 Output, Requirements and Exclusive Dealings
§ 2307 Delivery in Single Lot or Several Lots
§ 2308 Absence of Specified Place for Delivery Unless Otherwise\r\nAgreed
§ 2309 Absence of Specific Time Provisions; Notice of Termination
§ 2310 Open Time for Payment or Running of Credit; Authority to\r\nShip Under Reservation Unless Otherwise Agreed
§ 2311 Options and Cooperation Respecting Performance
§ 2313 Express Warranties by Affirmation, Promise, Description, Sample
§ 2314 Implied Warranty: Merchantability; Usage of Trade
§ 2315 Implied Warranty: Fitness for Particular Purpose
§ 2316 Exclusion or Modification of Warranties
§ 2317 Cumulation and Conflict of Warranties Express or Implied
§ 2318 Third Party Beneficiaries of Warranties Express or Implied
§ 2319 F.O.B. and F.A.S. Terms
§ 2320 C.I.F. and C. & F. Terms
§ 2322 Delivery Ex-Ship
§ 2324 ANo Arrival, No Sale@ Term
§ 2325 ALetter of Credit@ Term; AConfirmed Credit@
§ 2326 Sale on Approval and Sale or Return; Consignment Rights of\r\nCreditors
§ 2327 Special Incidents of Sale on Approval and Sale or Return
§ 2328 Sale by Auction
§ 2403 Power to Transfer; Good Faith Purchase of Goods;\r\nAEntrusting@
§ 2402 Rights of Seller\’s Creditors Against Sold Goods
§ 2514 When Documents Deliverable on Acceptance; When on\r\nPayment
§ 2502 Buyer\’s Right to Goods on Seller\’s Repudiation, Failure to\r\nDeliver, or Insolvency
§ 2503 Manner of Seller\’s Tender of Delivery
§ 2504 Shipment by Seller
§ 2505 Seller\’s Shipment Under Reservation
§ 2506 Rights of Financing Agency
§ 2507 Effect of Seller\’s Tender; Delivery on Condition
§ 2508 Cure by Seller of Improper Tender or Delivery; Replace- ment
§ 2509 Risk of Loss in the Absence of Breach
§ 2510 Effect of Breach on Risk of Loss
§ 2511 Tender of Payment by Buyer; Payment by Check
§ 2512 Payment by Buyer Before Inspection
§ 2513 Buyer\’s Right to Inspection of Goods
§ 2515 Preserving Evidence of Goods in Dispute
§ 2601 Buyer\’s Rights on Improper Delivery
§ 2602 Manner and Effect of Rightful Rejection
§ 2603 Merchant Buyer\’s Duties as to Rightfully Rejected Goods
§ 2604 Buyer\’s Options as to Salvage of Rightfully Rejected Goods
§ 2605 Waiver of Buyer\’s Objections by Failure to Particularize
§ 2606 What Constitutes Acceptance of Goods
§ 2607 Effect of Acceptance; Notice of Breach; Burden Establishing Breach After Acceptance; Notice of Claim or Litigation to Person Answerable Over
§ 2608 Revocation of Acceptance in Whole or in Part
§ 2609 Right to Adequate Assurance of Performance
§ 2610 Anticipatory Repudiation
§ 2611 Retraction of Anticipatory Repudiation
§ 2612 Installment Contract; Breach
§ 2613 Casualty to Identified Goods
§ 2614 Substituted Performance
§ 2615 Excuse by Failure of Presupposed Conditions
§ 2616 Procedure on Notice Claiming Excuse
§ 2701 Remedies for Breach of Collateral Contracts Not Impaired
§ 2702 Seller\’s Remedies on Discovery of Buyer\’s Insolvency
§ 2703 Seller\’s Remedies in General
§ 2705 Seller\’s Stoppage of Delivery in Transit or Otherwise
§ 2706 Seller\’s Resale Including Contract for Resale
§ 2707 Person in the Position of a Seller@
§ 2708 Seller\’s Damages for Non-acceptance or Repudiation
§ 2709 Action for the Price
§ 2710 Seller\’s Incidental Damages
§ 2711 Buyer\’s Remedies in General; Buyer\’s Security Interest in\r\nRejected Goods
§ 2712 ACover@; Buyer\’s Procurement of Substitute Goods
§ 2713 Buyer\’s Damages for Non-Delivery or Repudiation
§ 2714 Buyer\’s Damages for Breach in Regard to Accepted Goods
§ 2715 Buyer\’s Incidental and Consequential Damages
§ 2716 Buyer\’s Right to Specific Performance or Replevin
§ 2717 Deduction of Damages from the Price
§ 2718 Liquidation or Limitation of Damages; Deposits
§ 2719 Contractual Modification or Limitation of Remedy
§ 2721 Remedies for Fraud
§ 2722 Who Can Sue Third Parties for Injury to Goods
§ 2723 Proof of Market Price: Time and Place
§ 2724 Admissibility of Market Quotations
§ 2725 Breach of Contract Action; Reduction of Limitations; Cause of Action Accrual; Second Action
§ 2800 Definition of Goods
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Terms Used In Guam Code > Title 13 > Division 2 - Sales

  • Case law: The law as laid down in cases that have been decided in the decisions of the courts.
  • Contract: A legal written agreement that becomes binding when signed.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Dismissal: The dropping of a case by the judge without further consideration or hearing. Source:
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fiduciary: A trustee, executor, or administrator.
  • Fraud: Intentional deception resulting in injury to another.
  • Legal tender: coins, dollar bills, or other currency issued by a government as official money. Source: U.S. Mint
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • 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.
  • Statute: A law passed by a legislature.
  • Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC