"Oral Contracts"

Watch this video, which defines oral contracts and explains how they differ from written contracts. Note the Statute of Frauds requirements for written contracts, which is important because it helps to prevent dishonesty in transactions and eliminates the likelihood of confusion.


Source: Saylor Academy
Creative Commons License This work is licensed under a Creative Commons Attribution 4.0 License.

Last modified: Tuesday, April 3, 2018, 11:58 AM