Title 18 — Business Structure and Function
60 chapters · 1,419 sections in this title.
18 GCA § 86101 Contracts: Express or Implied
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A contract is either express or implied. SOURCE: CC § 1619.
18 GCA § 86102 What is an Express Contract
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An express contract is one, the terms of which are stated in words. SOURCE: CC § 1620.
18 GCA § 86103 What is an Implied contract
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An implied contract is one, the existence and terms of which are manifested by conduct. SOURCE: CC § 1621.
18 GCA § 86104 What Contracts may be Oral
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All contracts may be oral, except such as are specially required by statute to be in writing. SOURCE: CC § 1622.
18 GCA § 86105 Fraud: When Oral Contracts Enforced
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Where a contract, which is required by law to be in writing, is prevented from being put in writing by the fraud of a party thereto, any COL120106 other party is by such fraud led to believe that it is in writing, and acts upon such belief to his prejudice, may enforce it against…
18 GCA § 86106 What Contracts must be Written
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The following contracts are invalid, unless the same, or some note or memorandum thereof, is in writing and subscribed by the party to be charged, or by his agent: 1. An agreement that by its terms is not to be performed within a year from the making thereof; 2. A special promise…
18 GCA § 86107 Effect of Written Contracts
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COL120106 The execution of a contract in writing, whether the law requires it to be written or not, supersedes all the negotiations or stipulations concerning its matter which preceded or accompanied the execution of the instrument. SOURCE: CC § 1625. COURT CASES: T.S.S. Sportswe…
18 GCA § 86108 When Written Contracts Effective
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A contract in writing takes effect upon its delivery to the party in whose favor it is made, or his agent. SOURCE: CC § 1626. CROSS-REFERENCES: For the rules governing contracts with the Government of Guam, see 5 GCA Chapter 22, Article 6.
18 GCA § 86109 Provisions Applicable; Transfer of Real Property
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The provisions of [[the Chapter on transfers in general, concerning the delivery of grants, absolute and conditional], apply to all written contracts. SOURCE: CC § 1627.
18 GCA § 86110 Corporate Seal; How Affixed
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A corporate or official seal may be affixed to an instrument by a mere impression upon the paper or other material on which such instrument is written. SOURCE: CC § 1628. CROSS-REFERENCES: 1 GCA '710, same subject.
18 GCA § 86111 Provisions Abolishing Seals Made Applicable
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All distinctions between sealed and unsealed instruments are abolished. SOURCE: CC § 1629. ----------- COL120106 COL120106