Terms Used In 20 Guam Code Ann. § 3227

  • 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.
  • 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.
Specific performance cannot be enforced in favor of a party who has not fully and fairly performed all the conditions precedent on his part to the obligation of the other party, except where his failure to perform is only

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20 Guam Code Ann. REMEDIES
CH. 3 SPECIFIC AND PREVENTIVE RELIEF

partial, and either entirely immaterial, or capable of being fully compensat- ed, in which case specific performance may be compelled, upon full compensation being made for the default.

SOURCE: CC § 3393.