oral contract

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Related to oral contract: written contract
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  • noun

Words related to oral contract

an agreement that is not in writing and is not signed by the parties but is a real existing contract that lacks only the formal requirement of a memorandum to render it enforceable in litigation

References in periodicals archive ?
The justices said they did not reach the question of whether the three-year (oral contract) or the two-year (miscellaneous) statute of limitations applied.
Contrary to what he says about the scope of section 2-207 in his opinion, Official Comment 1 is very clear that section 2-207 can indeed apply in a case where you have an oral contract followed by a single written confirmation.
1997) (oral contracts not enforceable); see generally Town of Ponce Inlet v.
Laura Levine then examines the meaning of an oral contract in late Elizabethan England.
Although competition in solid oral contract development and manufacturing is always increasing, the companies who can consistently deliver the above requirements will be able to grow."
Under the bill, any stipulation in any written or oral contract of employment for a definite or fixed period designed subvert the provision of the proposed act shall be declare null and void.
The fact that it may have been an oral contract is not the issue.
"An oral contract is not worth the paper it's written on."
More concretely, drafting a constitution is different than entering into an oral contract, and writing a judicial opinion is different still.
Sam Goldwyn, one of the founders of Metro-Goldwyn-Meyer (MGM), was reported to have once said, "Your oral contract ain't worth the paper it's printed on." It's a lesson that should be hung on the wall of every insurance agent and broker.
The local suit alleges breach of oral contract, age discrimination, religious discrimination and retaliation.
By leaving the house and alerting the police, they violated that sacred oral contract! Hence, he asks for damages, since the Rowley's actions resulted in his pain and paralysis.
The Rowleys sued for pounds 50,000 in damages but Dimmick claimed they had broken a legally binding oral contract to hide him for cash and counter-sued for pounds 107,000 in hospital bills and pounds 50,000 pain and suffering.
A MAN who held a Kansas couple hostage in their home while fleeing from authorities is suing them, claiming they broke an oral contract made when he promised them money in exchange for hiding him from police.
McDavid, resulted in a damage award of $281 million against Turner Broadcasting System based on its breach of an alleged oral contract formed during the negotiation process.