Terms Used In 18 Guam Code Ann. § 20211

  • Contract: A legal written agreement that becomes binding when signed.
A ratification may be rescinded when made without such consent as is required in a contract, or with an imperfect knowledge of the material facts of the transaction ratified, but not otherwise.

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18 Guam Code Ann. BUSINESS STRUCTURE & FUNCTION
CH. 20 AGENCY IN GENERAL

SOURCE: CC § 2314.