0
What else can I help you with?
What are the examples of communication problems?
verbal,non verbal, formal, informal, active listening
What is an unwritten agreement that are legally enforceablecalled?
An unwritten, legally enforceable agreement is usually called a verbal contract.
What is a formal contract to repay borrowed money with interest at fixed intervals?
it is A for e2020 students!
Why issue bonds?
A bond is a formal contract by the government to pay back money you loan to them.
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 are the differences between a simple contract and a formal contract?
simple contract cane be formed as verbally or as writing whereas formal contracts can only be formed as writing.
Can you sue anyone for breach of verbal contract in Louisiana?
It will be dependent on the type of contract. Some verbal agreements can be enforced.
what is an example of verbal contract?
An example of a verbal contract could be agreeing to pay a friend $50 for a concert ticket they bought for you over the phone. This agreement, even though not in writing, constitutes a verbal contract.
Is a verbal contract a legal contract?
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 is the distinguishing characteristic that makes a contract a formal contract?
A formal contract is distinguished by its adherence to specific legal requirements and formalities, such as being in writing and often requiring signatures or notarization. These contracts typically involve significant transactions, such as real estate sales or wills, and are enforceable in court even if the parties do not intend to create a legal obligation. The necessity of adhering to these formalities sets formal contracts apart from informal or verbal agreements.
Is a ( Verbal ) contract legal in the state of Indiana?
What legal wieght does a verbal contract carry, specifically in regards to an offer to sell an item?
What are the examples of communication problems?
verbal,non verbal, formal, informal, active listening
In UK is a contract binding if verbal?
verbal contracts are hard to prove, unless it is recorded
Is a thumbs up gesture considered legally binding in any formal agreements or contracts?
No, a thumbs up gesture is not considered legally binding in any formal agreements or contracts. Written or verbal agreements are typically required for a contract to be legally binding.
How can you prove a verbal breach of contract?
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."
Can a verbal contract change an existing written agreement?
No.
Is a verbal contract legal in Texas with business contract?
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.
