an agreement that is not in writing and is not signed by the parties but is a real existing contract that lacks only the formal requirement of a memorandum to render it enforceable in litigation
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oral contract::noun | Spocien Dictionary
| Type | Words |
|---|---|
| Type of | agreement, understanding |
Examples of oral contract
oral contract
Except that what you call a verbal contract, a lawyer would call an oral contract.
From the guardian.co.uk
For example, an oral contract to buy or lease a house may not be enforceable.
From the chron.com
They are accused in the federal lawsuit of breach of oral contract and securities fraud.
From the sltrib.com
The suit alleges the couple had an oral contract to share lottery winnings, and she broke it.
From the orlandosentinel.com
The marriage ceremony is essentially an oral contract.
From the sfgate.com
You should also put the agreement into formal terms, even though an oral contract exists, once you have agreed the price.
From the cars.uk.msn.com
Lutfi is also seeking unspecified damages based on an oral contract he claims he and Britney Spears forged in 2007.
From the kentucky.com
However, it is likely to lead to headaches for adjudicators trying to establish what the terms of the oral contract were.
From the thisisbristol.co.uk
Callaghan filed her own lawsuit, asking that her father's oral contract to give her half the inheritance be upheld.
From the orlandosentinel.com
