Terms Used In 12 Guam Code Ann. § 771308

  • 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.
The Guam National Tennis Federation and the Department of Youth Affairs shall work in partnership to host two (2) annual tennis clinics per year to the clients of the Department of Youth Affairs. Department of Youth Affairs shall lead the partnership to ensure that such annual tennis clinics are conducted.