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Asked in FL May 26, 2022 ,  0 answers Visitors: 3

oral contracts

What are the basics of an oral conract

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2 Answers

Anonymous
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Posted on / Nov. 04, 2007 22:58:00

Re: oral contracts

The same as the basics of a written contract, except the writing. But, there are many contracts that are required to be in writing to be valid under the Statute of Frauds, for instance, contracts related to real estate, contracts that cannot be performed within one year, to name just two.

Anonymous
Reply

Posted on / Nov. 04, 2007 22:58:00

Re: oral contracts

The same as the basics of a written contract, except the writing. But, there are many contracts that are required to be in writing to be valid under the Statute of Frauds, for instance, contracts related to real estate, contracts that cannot be performed within one year, to name just two.

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