Guam § 85506 - Executory Consideration.
Full text of Guam Guam Code Annotated § 85506 — Executory Consideration., with citation guidance and answers to common questions.
§ 85506. Executory Consideration.
When a consideration is executory, it is not indispensable that the
contract should specify its amount or the means of ascertaining it. It may be
left to the decision of a third person, or regulated by any specified standard.
Frequently Asked Questions About Guam § 85506
What does Guam Code Annotated § 85506 cover?
Section 85506 ("Executory 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 § 85506?
A common citation format is "Guam Code Annotated § 85506" (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 § 85506 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.