Oral Contract

Running head : Enforce exponent or sNameCourseTutorDateINTRODUCTIONAn oral get down is a verbal agreement between two parties . In natural law , an oral contract is valid just like a pen contract . As a popular face goes , an oral agreement is as good as the piece in which it is written Just like a written contract , an oral one is controlled by legislation and it bunghole be enforced if there is some breach of the contract s conditions (Schwartz Scott , 2003 . The terms of an oral contract are br merely not easy to prove because of misunderstandings and failure to disclose elaborate between the parties . This essay starts by analyzing the elements of a valid reasoned agreement which must be present for it to be enforceable by law .

It then look at a case study in contract law and disassemble the various aspects of oral contracts that call for a direct subject on the enforceability of the agreementELEMENTS OF A VALID LAGAL CONTRACTThe elements necessary to form a binding contract by law as followsCapacity to contractFor a contract to be valid , those that consecrate the agreements must have the ability to know and understand the contract terms . This ability in law terms is called skill . Corporations have capacity . Most adults have capacity with an exception of mentally unequal to(p) people and those that are intoxicated at the time they make the agreement Minors on the other hand do not have capacity and therefore if they enter a contract...If you want to get a full essay, order it on our website: Orderessay

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