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What happens if you make a verbal agreement on a personal loan about terms for payback?
Wiki User
∙ 15y ago
It's your word against the other,and what happens you'll probably never receive payment.
Wiki User
∙ 15y ago
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Can a debtor be for criminally liable if he issues post dated and became stale checks checks for his personal cash borrowings even if its only a verbal agreement?
I can't really understand what you're asking, but "fraud" is a crime. I'm not sure what "verbal agreement" has to do with it.
Is a credit card a verbal agreement?
No, it is not.
What is an unwritten agreement that are legally enforceablecalled?
An unwritten, legally enforceable agreement is usually called a verbal contract.
If a contract is changed without the knowledge of the guarantor is it valid?
A contract is valid when there is a meeting of the minds. Once a contract is signed, it cannot be changed unless written as an addendum and signed by all parties concerned. A verbal agreement cannot override a written agreement.
What is an agreement between two or more parties that is enforceable in court?
Contract. There are two forms of enforceable actions in court under this question: 1) A Written Contract - signed by all parties, and any amendments to the contract 2) A verbal agreement, where it can be shown there was some form of agreement between he parties, and that one or more parties took action to fulfill the terms of the agreement (action to fulfill the terms constitutes a binding contract)
Does a lease agreement be a verbal agreement?
No it doesn't.
Can a debtor be for criminally liable if he issues post dated and became stale checks checks for his personal cash borrowings even if its only a verbal agreement?
I can't really understand what you're asking, but "fraud" is a crime. I'm not sure what "verbal agreement" has to do with it.
Is a verbal agreement legally binding in Florida?
No. Not Florida, but maybe Texas. A verbal agreement, like a wedding vow would be binding. To "unwind" the verbal agreement will probably require a divorce lawyer.
What are the legal ramifications for breaking a verbal agreement?
A breach of verbal agreement is when for example: You make a spoken agree with a landlord to clean your house when you move out. You move out and leave it all dirty. You have breached a verbal agreement. Its kind of like breaking a promaise!
Is a verbal agreement binding in Arkansas?
Verbal agreements are not binding anywhere.
What is verbal agreement?
An verbal agreement is something two or more parties have agreed to do, agreed not to do or an arrangement made verbally and not in writing. In some jurisdictions a verbal agreement can be binding if there are truthworthy witesses to it, in other jurisdictions it may not be binding.
Is a credit card a verbal agreement?
No, it is not.
What rights do you have when a collection agency contacts you over a bill you do not believe you owe - you had verbal agreement with the business than they changed the fee later?
A "verbal" agreement isn't worth much. If you don't have a written agreement you can't prove there was any agreement at all. I would contact the business and see if they will document your verbal agreement.
Is a verbal agreement legally binding in CT?
If two people, in front of an attornery, come to a verbal agreement. How much weight will this hold if it is disbuted?
What is the gentleman agreement?
A gentleman's agreement is an agreement which is made on each person's word of honor. It is not a legal agreement, but a verbal agreement which can be enforceable in a court of law.
What is Gentleman Agreement?
A gentleman's agreement is an agreement which is made on each person's word of honor. It is not a legal agreement, but a verbal agreement which can be enforceable in a court of law.
Can a verbal contract change an existing written agreement?
No.
