It will be dependent on the type of contract. Some verbal agreements can be enforced.
Simple answer: There is no such thing. Contracts MUST be written and signed by bothparties to be legally binding. There is an old saying, "A verbal contract is as good as the paper it is written on."
Yes you can be sued for breach of contract. A verbal agreement can be considered a contract and the fact that you accepted a deposit suggests that you and the buyer had reached an agreement.
Yes, that is breach of contract. There was a verbal (or written) contract to sell the car to one person by a certain date, if you don't fulfill that promise, you have breached the contract.
Yes, you can be sued legally for any verbal contract over $600, so don't joke around!!!!
a verbal contracty is as equally valid as a written one, as long as the party alleging the contract can prove agreement on certain terms
What legal wieght does a verbal contract carry, specifically in regards to an offer to sell an item?
verbal contracts are hard to prove, unless it is recorded
Yes, Definately.
Oral contracts are by definition, contracts that are verbal, not written. Therefore, the terms or even existence of these contracts are often somewhat harder to prove in court. If you were to decide to sue the other party for breach of an oral contract, you would be required to show that the oral contract exists.
2 years for tortious interference and 4 years for negligent interference.
No.
Verbal agreements are enforceable. There are some contracts that have to be in writing depending on the time frames and whether real property is involved.