Terms Used In 18 Guam Code Ann. § 20205

  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
A consideration is not necessary to make an authority, whether precedent or subsequent, binding upon the principal.

SOURCE: CC § 2308.