18 GCA § 21102

Authority from Bidder

Guam Code AnnotatedTitle 18 — Business Structure and Function

An auctioneer has authority from a bidder at the auction, as well as from the seller, to bind both by a memorandum of the contract, as described in the Uniform Commercial Code [Title 14, GCA]. COL120106 CH.21 PARTICULAR AGENCIES

Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.