5 ms·
I don't think they are mostly symbolic when they constitute a legally binding contract
by chipgap98 11y ago
I don't think they are mostly symbolic when they constitute a legally binding contract
- wvenable 11y agoThey don't constitute a legally binding contract. You and I could have a conversation on the street and form a legally binding contract. Signatures are just used a simple form of verification of a contract.
- JupiterMoon 11y agoThis depends upon which country the street is in.
- peteretep 11y agoWhich countries is that not true in?
- JupiterMoon 11y agoIn England I understand that a verbal contract is not worth much. However, in Scotland (very different legal tradition) a verbal contract can be totally and completely binding. I am not a lawyer. This is not legal advice. Don't sue someone/risk getting sued because of something I said!
- throwaway049 11y agoA verbal contract is binding in England but, as anywhere else, if you need to go to court to enforce that it's going to be harder to prove compared to a written contract with witnesses.
- JupiterMoon 11y agoI stand partially corrected. https://www.citizensadvice.org.uk/consumer/protection-for-the-consumer/consumer-contracts/consumer-contracts-must-the-contract-be-in-writing/ https://www.citizensadvice.org.uk/consumer/protection-for-th... So you are right in many cases. But not all. The other example I was thinking of is regarding a house purchase. In England an offer to buy a house is not binding until contracts have been exchanged and a deposit paid and even then the deposit (usually 10%) is what your bound to. In Scotland however merely saying that you will buy someone else's house can supposedly bind you to the purchase. IANAL
- SEMW 11y ago> The other example I was thinking of is regarding a house purchase. Contracts for the sale of land are an explicit statutory exception to the general rule: http://www.legislation.gov.uk/ukpga/1989/34/section/2 http://www.legislation.gov.uk/ukpga/1989/34/section/2