18 GCA § 85102

Essential Elements of a Contract

Guam Code AnnotatedTitle 18 — Business Structure and Function

It is essential to the existence of a contract that there should be: 1. Parties capable of contracting; 2. Their consent; 3. A lawful object; and 4. A sufficient cause or consideration.

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