20 Guam Code Ann. § 2112
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Terms Used In 20 Guam Code Ann. § 2112
- Contract: A legal written agreement that becomes binding when signed.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
Any legal rate of interest stipulated by a contract remains chargeable after a breach thereof, as before, until the contract is superseded by a judgment or other new obligation.
SOURCE: CC § 3289.