18 Guam Code Ann. § 25405
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Terms Used In 18 Guam Code Ann. § 25405
- 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.
Any partner shall have the right to a formal account as to partnership affairs:
(a) If he is wrongfully excluded from the partnership business or possession of its property by the copartners;
(b) If the right exists under the terms of any agreement; (c) As provided in § 25404;
(d) Whenever other circumstances render it just and reasonable.
SOURCE: CC § 2716.