While written contracts are always preferred, sometimes contracts can be verbal. What does the law say for verbal agreements?
Post your response to the following question:
What elements does a verbal contract need to be legally binding? And why are verbal contracts problematic in business? Try and find a suitable case(s) with which to illustrate your answer.
Post a thorough response to the question. Your answer is not as important as your analysis of the facts and law.
What elements does a verbal contract need to be legally binding? And why are verbal contracts problematic in business?
