Terms Used In 18 Guam Code Ann. § 80402

  • 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.
Conditions may be precedent, concurrent, or subsequent.

SOURCE: CC § 1435.

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18 Guam Code Ann. BUSINESS STRUCTURE & FUNCTION
CH. 80 OBLIGATIONS