Guam § 85507 - How Ascertained.
Full text of Guam Guam Code Annotated § 85507 — How Ascertained., with citation guidance and answers to common questions.
§ 85507. How Ascertained.
When a contract does not determine the amount of the consideration,
not the method by which it is to be ascertained, or when it leaves the
amount thereof to the discretion of an interested party, the consideration
must be so much money as the object of the contract is reasonably worth.
Frequently Asked Questions About Guam § 85507
What does Guam Code Annotated § 85507 cover?
Section 85507 ("How Ascertained.") 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 § 85507?
A common citation format is "Guam Code Annotated § 85507" (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 § 85507 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.