18 Guam Code Ann. § 47105
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Terms Used In 18 Guam Code Ann. § 47105
- Contract: A legal written agreement that becomes binding when signed.
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18 Guam Code Ann. BUSINESS STRUCTURE & FUNCTION
CH. 47 LOAN OF MONEY
18 Guam Code Ann. BUSINESS STRUCTURE & FUNCTION
CH. 47 LOAN OF MONEY
When a rate of interest is prescribed by a law or contract, without specifying the period of time by which such rate is to be calculated, it is to be deemed an annual rate.
SOURCE: CC § 1916.