Law-Forums.org

[ealahweemah72]

A mans word is his bond as is a hand shake both are legal agreements between participants

[siuaghan]

Oral contracts are just as legal and enforceable as written ones. The problem is proving that the contract took place, if the other party doesn't want to admit it. That's why contracts should always be in writing.

Now, not all agreements are actually contracts. A contract has to have both parties giving and receiving something of value. A one-sided "promise" is not a contract, and not enforceable.

[wendlesora]

1. A written contract ALWAYS takes precedence over an oral agreement.
2. Many jurisdictions require certain types of agreement to be in writing to be enforceable.
3. Even a legally enforceable agreement requires PROOF of the agreement to be enforced. Oral agreements are notoriously difficult to prove.