3 ms·
A handshake agreement is enforceable.
by theelous3 8y ago
A handshake agreement is enforceable.
- DougN7 8y agoDo you know that’s true where OP is (in Africa), or are you just assuming?
- owenmarshall 8y agoIn some cases, yes. In the US, I cannot transfer land to you with a handshake. I can't sell you most goods valued over $500 with a handshake. I can't assume your debt to another party with a handshake. Always ask a lawyer.
- SkyPuncher 8y agoWhile technically correct, realistically unprobable.
- otterley 8y agoAttorney here! (Not dispensing legal advice, though.) Not in the US in many cases. Take the Uniform Commercial Code, for example, which requires a written contract for the sale of goods over $500, or agreements creating a security interest. See https://www.nolo.com/legal-encyclopedia/when-is-written-contract-required-under-the-ucc.html https://www.nolo.com/legal-encyclopedia/when-is-written-cont... for a decent overview.
- jimnotgym 8y agoIANAL But I believe in the UK it is only transfers of land that require a written contract. However you might want to think about how you would prove a handshake to a court