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)}}\pard\plain \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 \fs24\lang1033\langfe1033\cgrid\langnp1033\langfenp1033 {\b\insrsid6951354\charrsid15871188 IN THE SUPREME COURT OF GUAM}{\insrsid15871188 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\insrsid15871188 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\b\insrsid6951354\charrsid15871188 TOWN HOUSE DEPARTMENT}{\insrsid6951354\charrsid15871188 }{\b\insrsid6951354\charrsid15871188 STORES, INC.}{\insrsid6951354\charrsid15871188 \par Plaintiff-Appellee \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\insrsid6951354\charrsid15871188 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\b\insrsid6951354\charrsid15871188 vs.}{\insrsid6951354\charrsid15871188 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\insrsid6951354\charrsid15871188 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\b\insrsid6951354\charrsid15871188 HI SUP AHN}{\insrsid6951354\charrsid15871188 \par Defendant-Appellant}{\insrsid15871188 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\insrsid15871188 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\b\insrsid6951354\charrsid15871188 AMENDED OPINION}{\insrsid6951354\charrsid15871188 \par (The title page of this opinion was amended pursuantto a "Notice of Amendment to the Title Page of theOpinion Issued on October 6, 2000", filed on October 10, 2000) \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\insrsid6951354\charrsid15871188 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\b\insrsid6951354\charrsid15871188 Filed: October 6, 2000}{\insrsid6951354\charrsid15871188 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\insrsid6951354\charrsid15871188 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\b\insrsid6951354\charrsid15871188 Cite as: 2000 Guam 29}{\insrsid15871188 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\insrsid15871188 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\insrsid6951354\charrsid15871188 Supreme Court Case Number: CVA98-024 \par Superior Court Case Number: CV0098-97 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\insrsid6951354\charrsid15871188 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\insrsid6951354\charrsid15871188 Appeal from the Superior Court of Guam \par Argued and submitted May 10, 1999 \par Hag\'e5t\'f1a, Guam \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\insrsid6951354\charrsid15871188 \par }\trowd \irow0\irowband0\lastrow \ts11\trqc\trgaph120\trleft-120\trftsWidth1\trpaddl120\trpaddr120\trpaddfl3\trpaddfr3 \clvertalt\clbrdrt\brdrs\brdrw15\brdrcf1 \clbrdrl\brdrs\brdrw15\brdrcf1 \clbrdrb\brdrs\brdrw15\brdrcf1 \clbrdrr\brdrs\brdrw15\brdrcf1 \cltxlrtb\clftsWidth3\clwWidth4680\clshdrawnil \cellx4560\clvertalt\clbrdrt\brdrs\brdrw15\brdrcf1 \clbrdrl\brdrs\brdrw15\brdrcf1 \clbrdrb\brdrs\brdrw15\brdrcf1 \clbrdrr\brdrs\brdrw15\brdrcf1 \cltxlrtb\clftsWidth3\clwWidth4680\clshdrawnil \cellx9240\pard \ql \li0\ri0\nowidctlpar\intbl\faauto\rin0\lin0\pararsid15871188 {\insrsid6951354\charrsid15871188 \par }{\ul\insrsid6951354\charrsid15871188 Appearing for the Plaintiff-Appellee:}{\insrsid6951354\charrsid15871188 \par James H. Maher, Esq. \par Maher and Thompson, P.C. \par 140 Aspinall Ave., Suite 201 \par Hag\'e5t\'f1a, Guam 96910\cell \par }{\ul\insrsid6951354\charrsid15871188 Appearing for the Defendant-Appellant:}{\insrsid6951354\charrsid15871188 \par Howard Trapp, Esq. \par Howard Trapp, Inc. \par 200 Saylor Bldg. \par 139 Chalan Santo Papa \par Hag\'e5t\'f1a, Guam 96910\cell }\pard \ql \li0\ri0\widctlpar\intbl\aspalpha\aspnum\faauto\adjustright\rin0\lin0 {\insrsid6951354\charrsid15871188 \trowd \irow0\irowband0\lastrow \ts11\trqc\trgaph120\trleft-120\trftsWidth1\trpaddl120\trpaddr120\trpaddfl3\trpaddfr3 \clvertalt\clbrdrt\brdrs\brdrw15\brdrcf1 \clbrdrl\brdrs\brdrw15\brdrcf1 \clbrdrb\brdrs\brdrw15\brdrcf1 \clbrdrr\brdrs\brdrw15\brdrcf1 \cltxlrtb\clftsWidth3\clwWidth4680\clshdrawnil \cellx4560\clvertalt\clbrdrt\brdrs\brdrw15\brdrcf1 \clbrdrl\brdrs\brdrw15\brdrcf1 \clbrdrb\brdrs\brdrw15\brdrcf1 \clbrdrr\brdrs\brdrw15\brdrcf1 \cltxlrtb\clftsWidth3\clwWidth4680\clshdrawnil \cellx9240\row }\pard \qj \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\insrsid15871188 \par }{\insrsid6951354\charrsid15871188 BEFORE: BENJAMIN J. F. CRUZ, Chief Justice; PETER C. SIGUENZA, Associate Justice; and RICHARD H.}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 BENSON, Designated Justice.}{\insrsid15871188 \par \par }{\b\insrsid6951354\charrsid15871188 CRUZ, C.J.:}{\insrsid6951354\charrsid15871188 \par }{\insrsid15871188\charrsid15871188 \par }{\b\insrsid6951354\charrsid15871188 [1]}{\insrsid6951354\charrsid15871188 \tab This matter comes before this court based upon a deficiency judgment involving the default of a personally-guaranteed business loan to purchase certain goods.}{ \insrsid15871188 }{\insrsid6951354\charrsid15871188 A portion of the proceeds of the loan were recovered by the creditor}{\insrsid6628411\charrsid15871188 '}{\insrsid6951354\charrsid15871188 s resale of the goods.}{\insrsid15871188 }{ \insrsid6951354\charrsid15871188 The trial court determined that the price received for the goods and the resale in general was }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{ \insrsid6951354\charrsid15871188 commercially reasonable.}{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 The Defendant-Appellant contends that the trial court failed to address whether or not the sale price was }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{ \insrsid6951354\charrsid15871188 fair and reasonable.}{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 We reverse this decision and remand this case to the trial court ordering it to address the issue of whether the sale price was }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{ \insrsid6951354\charrsid15871188 fair and reasonable.}{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\insrsid6951354\charrsid15871188 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\b\insrsid6951354\charrsid15871188 FACTUAL AND PROCEDURAL BACKGROUND}{\insrsid6951354\charrsid15871188 \par }\pard \qj \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\insrsid15871188\charrsid15871188 \par }{\b\insrsid6951354\charrsid15871188 [2]}{\insrsid6951354\charrsid15871188 \tab This case arises out of a sales contract between Town House Department Stores, Inc. (hereinafter }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 Town House}{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 ) and T&K Construction Development, Inc. (hereinafter }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 T&K}{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 ).}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 The contract provided for the sale of furniture and furnishings from Town Ho use to T&K for use in their construction project for a sum in excess of $350,000.00.}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 The agreement was executed in December 1994 by Mr. Hi Sup Ahn (hereinafter }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 Ahn}{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{ \insrsid6951354\charrsid15871188 ), then president of T&K.}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 \par }{\insrsid15871188\charrsid15871188 \par }{\b\insrsid6951354\charrsid15871188 [3]}{\insrsid6951354\charrsid15871188 \tab Shortly thereafter, T&K experienced financial troubles and the payments to Town House fell into arrears.}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 In December1995, Ahn met with representatives of Town House to restructure the terms of the contract.}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 An agreement was reached whereby Ahn personally guaranteed the debt.}{\insrsid15871188 }{ \insrsid6951354\charrsid15871188 T&K}{\insrsid6628411\charrsid15871188 '}{\insrsid6951354\charrsid15871188 s financial situation continued to spiral downward, leading the company to default on its payments to its primary construction contractor, L.G. Construction, Inc. (hereinafter }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 L.G.}{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 ).}{ \insrsid15871188 }{\insrsid6951354\charrsid15871188 Eventually, T&K abandoned the project and left the furniture in the building.}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 Town House seized the furniture and sold it to L.G. for approximately $150,000.00.}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 Town House then sued Ahn for the deficiency.}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 After denying a}{ \insrsid15871188 }{\insrsid6951354\charrsid15871188 motion for summary judgment filed by Town House, the Superior Court, following a two-day bench trial, held in favor of Town House.}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 Ahn filed a timely notice of appeal on September 16, 1998.}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 \par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\insrsid6951354\charrsid15871188 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\b\insrsid6951354\charrsid15871188 JURISDICTION}{\insrsid6951354\charrsid15871188 \par }\pard \qj \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\insrsid15871188\charrsid15871188 \par }{\b\insrsid6951354\charrsid15871188 [4]}{\insrsid6951354\charrsid15871188 \tab This court has jurisdiction over this matter pursuant to 48 U.S.C. }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 39 \\f "WP TypographicSymbols" \\s 12}{\fldrslt \f36\fs24}}}{\insrsid6951354\charrsid15871188 1424-3(d) (1984) and Title 7 GCA }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 39 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 3107, (1994). \par \par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\b\insrsid6951354\charrsid15871188 DISCUSSION}{\insrsid6951354\charrsid15871188 \par }\pard \qj \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\insrsid15871188\charrsid15871188 \par }{\b\insrsid6951354\charrsid15871188 [5]}{\insrsid6951354\charrsid15871188 \tab The applicable standard of review for the issue raised in this case is a point of contention between the parties.}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 The issue raised is whether the trial court erred in not making a specific finding that the goods were resold at a price which was fair and reasonable.}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 Ahn subm its that the issue is a question of law reviewed }{\i\insrsid6951354\charrsid15871188 de novo}{\insrsid6951354\charrsid15871188 .}{\insrsid15871188 }{\i\insrsid6951354\charrsid15871188 Camacho v. Camacho}{\insrsid6951354\charrsid15871188 , 1997 Guam 5, } {\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 38 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 24.}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 However, Town House argues that the issue is a finding of fact which is reviewed under the clearly erroneous standard.}{\insrsid15871188 }{\i\insrsid6951354\charrsid15871188 Yang v. Hong}{\insrsid6951354\charrsid15871188 , 1998 Guam 9, }{ \insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 38 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 4. \par }{\insrsid15871188\charrsid15871188 \par }{\b\insrsid6951354\charrsid15871188 [6]}{\insrsid6951354\charrsid15871188 \tab Both parties are correct as to the applicable standards of review for questions of fact and law.}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 The question then becomes an interpretation of the manner in which the issue has been framed on appeal.}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 The court views the issue that Ahn seeks for this court to review as a mixed question of fact and law which is reviewed }{\i\insrsid6951354\charrsid15871188 de novo}{\insrsid6951354\charrsid15871188 . }{\i\insrsid6951354\charrsid15871188 See Apana v. Rosario, }{\insrsid6951354\charrsid15871188 Crim. No. 95-00024A, 1995 WL 604354, at *1 (D. Guam Ap. Div. Sept. 29, 1995); }{\i\insrsid6951354\charrsid15871188 Shiroma v. Ysrael, }{\insrsid6951354\charrsid15871188 Civ. No. 86-0029A, 1987 WL 109889, at *2 (D. Guam Ap. Div. July 17, 1987).}{\insrsid6951354 \par }{\insrsid15871188\charrsid15871188 \par }{\b\insrsid6951354\charrsid15871188 [7]}{\insrsid6951354\charrsid15871188 \tab The trial court conducted a thorough analysis on the resale transaction to determine whether it was consummated in a }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 commercially reasonable}{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{ \insrsid6951354\charrsid15871188 manner pursuant to Title 13 GCA }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 39 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 9504, (1993).}{\insrsid15871188 } {\insrsid6951354\charrsid15871188 Extensive detail was evident in the court}{\insrsid6628411\charrsid15871188 '}{\insrsid6951354\charrsid15871188 s findings of fact and legal conclusions. \par }{\insrsid15871188\charrsid15871188 \par }{\b\insrsid6951354\charrsid15871188 [8]}{\insrsid6951354\charrsid15871188 \tab Nevertheless, Ahn contends that the trial court ignored its obligation to consider the matter via Guam R. Civ. P. 70(a).}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 Rule 70(a) of the Guam Rules of Civil Procedure states that }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 [ n]o deficiency judgment after repossession of personal property shall be granted unless it shall appear to the satisfaction of the court by proper evidence that said property was resold for}{\i\insrsid6951354\charrsid15871188 a fair and reasonable price} {\insrsid6951354\charrsid15871188 .}{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 (emphasis added).}{\insrsid15871188 }{ \insrsid6951354\charrsid15871188 Town House counters that the trial court}{\insrsid6628411\charrsid15871188 '}{\insrsid6951354\charrsid15871188 s finding that the resale price was }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 commercially reasonable,}{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{ \insrsid6951354\charrsid15871188 as opposed to }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 fair and reasonable,}{ \insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 is a trivial distinction without a difference. \par }{\insrsid15871188\charrsid15871188 \par }{\b\insrsid6951354\charrsid15871188 [9]}{\insrsid6951354\charrsid15871188 \tab Though we commend the trial court on its thorough discussion and analysis we still hold that the trial court erred in not specifically considering whether the price received from the resale was }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 fair and reasonable.}{ \insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 Rule 70(a) is of a local derivation and has no federal equivalent.}{\insrsid15871188 }{ \insrsid6951354\charrsid15871188 The language of Rule 70(a) provides that a specific consideration and finding related to the }{\i\insrsid6951354\charrsid15871188 price}{\insrsid6951354\charrsid15871188 received is a necessary prerequisite for a deficiency judgment.}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 Since }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 39 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{ \insrsid6951354\charrsid15871188 9504 operates more broadly in that the required analysis focuses on the commercial reasonableness of }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{ \insrsid6951354\charrsid15871188 ever[y] aspect of the disposition ...}{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 the intended operation of Rule 70(a) becomes evident.}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 Excluding the presence of Rule 70(a), it is possible that a resale could be found to be }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 commercially reasonable}{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{ \insrsid6951354\charrsid15871188 and a deficiency judgment obtained even though the price received was neither }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{ \insrsid6951354\charrsid15871188 commercially reasonable}{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 nor }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 fair and reasonable.}{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt \f36\fs24}}}{\insrsid6951354\charrsid15871188 Thus, Rule 70(a) operates to increase the importance of the price received in the final analysis of granting a deficiency judgment.}{\insrsid6951354 \par }{\insrsid15871188\charrsid15871188 \par }{\b\insrsid6951354\charrsid15871188 [10]}{\insrsid6951354\charrsid15871188 \tab Although the trial court stated on several occasions that the price received was }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 commercially reasonable,}{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 other language cited by the court emphasized that the lack of such a finding was not fatal to its ultimate conclusion that the resale was }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt \f36\fs24}}}{\insrsid6951354\charrsid15871188 commercially reasonable.}{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 Unfortunately, such is not the case for Rule 70(a)}{\insrsid6628411\charrsid15871188 '}{\insrsid6951354\charrsid15871188 s required finding that the price received was }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 fair and reasonable.}{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid15871188 }{ \insrsid6951354\charrsid15871188 A deficiency judgment may not be issued without such a finding.}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 Therefore, because it is unclear from the trial court}{\insrsid6628411\charrsid15871188 '}{ \insrsid6951354\charrsid15871188 s record that the price received from the resale was considered specifically pursuant to Rule 70(a) and found to be }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 fair and reasonable}{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 for purposes of granting a deficiency judgment, the mandatory finding required by Rule 70(a) remains unsatisfied.}{\insrsid6951354 \par }{\insrsid15871188\charrsid15871188 \par }{\b\insrsid6951354\charrsid15871188 [11]}{\insrsid6951354\charrsid15871188 \tab Ahn also refers to Guam R. Civ. P. 52(a) for the proposition that }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt \f36\fs24}}}{\insrsid6951354\charrsid15871188 [r]equests for findings are not necessary for purposes of review.}{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{ \insrsid6951354\charrsid15871188 Ahn appears to be implying that the trial court did not comply with the provisions of Rule 52 (a), which demands that courts clearly set out their findings of facts and conclusions of law. This Court agrees.}{ \insrsid15871188 }{\insrsid6951354\charrsid15871188 Although the trial court was meticulous in its consideration of whether or not the resale was }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt \f36\fs24}}}{\insrsid6951354\charrsid15871188 commercially reasonable}{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 pursuant to }{ \insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 39 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 9504 requirements, the same effort was notably absent in its consideration of whether the price received was }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 fair and reasonable}{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 pursuant to Rule 70(a).}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 Since the finding required by Rule 70(a) is mandatory, Ahn is correct in arguing that Rule 52(a) remains unsatisfied.}{\insrsid6951354 \par }{\insrsid15871188\charrsid15871188 \par }{\b\insrsid6951354\charrsid15871188 [12]}{\insrsid6951354\charrsid15871188 \tab Town House counters that GRCP 52(a) does not require an overly extensive discussion on the findings of fact.}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 However, courts have found that Rule 52(a) allows an appellate court to vacate a decision when the trial court has not provided sufficient details for the higher court to conduct an informed review.}{\insrsid15871188 }{ \scaps\insrsid6951354\charrsid15871188 Wright & Miller, Federal Practice and Procedure: Civil}{\insrsid6951354\charrsid15871188 2d }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 39 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{ \insrsid6951354\charrsid15871188 2577 (2}{\super\insrsid6951354\charrsid15871188 nd}{\insrsid6951354\charrsid15871188 ed. 1994).}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 Here, had Ahn complained specifically that the pric e received was in fact not }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 fair and reasonable}{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 in violation of Rule 70(a), there would clearly be insufficient details for this court to conduct an informed review.}{\insrsid15871188 }{ \insrsid6951354\charrsid15871188 In fact, there is a total lack of any specific discussion as to the price having been found to be }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{ \insrsid6951354\charrsid15871188 fair and reasonable}{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid6951354\charrsid15871188 pursuant to Rule 70(a).}{\insrsid15871188 }{ \insrsid6951354\charrsid15871188 Thus, although this Cou rt declines to consider whether or not the price received was fair and reasonable, this Court holds that the trial court failed to comply with Rule 52(a) by providing the sufficient details necessary for this Court to conduct an informed review.}{ \insrsid6951354 \par }{\insrsid15871188\charrsid15871188 \par }{\b\insrsid6951354\charrsid15871188 [13]}{\insrsid6951354\charrsid15871188 \tab Finally, Town House condemns Ahn for motioning for a new trial without complaining about the specificity of the findings first as is suggested by Guam R. Civ. P. 52(b).}{ \insrsid15871188 }{\insrsid6951354\charrsid15871188 Had Ahn pursued a GRCP 52(b) motion in the court below, this appeal apparently would have been moot.}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 Particularly in a situation such as this, the court would encourage availment of GRCP 52(b) so as to avoid wasting the parties}{\insrsid6628411\charrsid15871188 '}{\insrsid6951354\charrsid15871188 and the courts}{\insrsid6628411\charrsid15871188 '}{ \insrsid6951354\charrsid15871188 time and resources.}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 Here, the lack of such a motion by Ahn has no effect on the disposition of this case because the trial court did not comply with GRCP 52(a) by providing the mandatory finding required by Rule 70(a).}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 In the final analysis, Rule 52(a) and Rule 70(a) together necessitates that the trial court provide more substance to its decision.}{\insrsid6951354 \par }{\insrsid15871188\charrsid15871188 \par }{\b\insrsid6951354\charrsid15871188 [14]}{\insrsid6951354\charrsid15871188 \tab The trial court is in the best position to weigh evidence, determine the credibility of witnesses}{\insrsid6628411\charrsid15871188 '}{\insrsid6951354\charrsid15871188 testimony, and analyze all the matters presented in this case.}{\insrsid15871188 }{\insrsid6951354\charrsid15871188 Though the decision rendered by the trial court was impressive, this court still holds that the trial court erred by not ensuring that the requirements of Rule 70(a) were duly considered. \par \par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\b\insrsid6951354\charrsid15871188 CONCLUSION}{\insrsid6951354\charrsid15871188 \par }\pard \qj \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\b\insrsid15871188 \par }{\b\insrsid6951354\charrsid15871188 [15]}{\insrsid6951354\charrsid15871188 \tab We }{\b\insrsid6951354\charrsid15871188 REVERSE}{\insrsid6951354\charrsid15871188 this decision and}{\b\insrsid6951354\charrsid15871188 REMAND}{ \insrsid6951354\charrsid15871188 this case to the trial court ordering it to address the issue of whether the sale price was }{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 65 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{ \insrsid6951354\charrsid15871188 fair and reasonable.}{\insrsid6951354\charrsid15871188 {\field{\*\fldinst SYMBOL 64 \\f "WP TypographicSymbols" \\s 12}{\fldrslt\f36\fs24}}}{\insrsid15871188 \par }\pard \qj \li0\ri0\nowidctlpar\tx-1440\faauto\rin0\lin0\itap0\pararsid15871188 {\insrsid15871188 \par }\pard \qc \li0\ri0\nowidctlpar\tx-1440\faauto\rin0\lin0\itap0\pararsid15871188 {\insrsid6951354\charrsid15871188 PETER C. SIGUENZA\tab \tab \tab \tab }{\insrsid15871188 }{\insrsid6951354\charrsid15871188 RICHARD H. BENSON \par Associate Justice\tab \tab \tab \tab }{\insrsid15871188 }{\insrsid6951354\charrsid15871188 Designated Justice}{\insrsid15871188 \par }\pard \qj \li0\ri0\nowidctlpar\tx-1440\faauto\rin0\lin0\itap0\pararsid15871188 {\insrsid15871188 \par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid15871188 {\insrsid6951354\charrsid15871188 BENJAMIN J. F. CRUZ \par Chief Justice \par }}