18 GCA § 85506

Executory Consideration

Guam Code AnnotatedTitle 18 — Business Structure and Function

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.

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