Guam § 85502 - Extent Legal or Moral Obligation Good Consideration.
Full text of Guam Guam Code Annotated § 85502 — Extent Legal or Moral Obligation Good Consideration., with citation guidance and answers to common questions.
§ 85502. Extent Legal or Moral Obligation Good Consideration.
An existing legal obligation resting upon the promisor, or a moral
obligation originating in some benefit conferred upon the promisor or
prejudice suffered by the promisee, is also a good consideration for a
promise, to an extent corresponding with the extent of the obligation, but no
further or otherwise.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 85502
What does Guam Code Annotated § 85502 cover?
Section 85502 ("Extent Legal or Moral Obligation Good Consideration.") is part of the Guam Code Annotated, the codified statutory law of Guam. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Guam § 85502?
A common citation format is "Guam Code Annotated § 85502" (Guam). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Guam law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Guam official source linked on this page or consult a licensed Guam attorney.
How does Guam § 85502 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Guam can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Guam.