3 ms·
After referring to the "verbal" contract for most of the article, it finally gets to the "oral" contract. All contracts are verbal; some are oral. Only a few
by tacon 8y ago
After referring to the "verbal" contract for most of the article, it finally gets to the "oral" contract. All contracts are verbal; some are oral. Only a few contracts must be written, such as those under the "statute of frauds", e.g. real estate contracts.
- ballenf 8y agoEven when falling under SOF, the entire contract need not be in writing. Only confirmation of the existence of the contract need be in writing provided that the verbally agreed terms can be verified (here through the transcript). For practical purposes, the entire contract usually is in writing.