Tag: oral contracts
Naperville Business Lawyer Discusses Oral Contracts
Posted on March 24, 2017
As you are probably aware, most businesses rely on a number of contracts of contracts and agreements. These typically include partnership agreements, employment contracts, purchase agreements and a variety of others that have been carefully drafted and reviewed before they are signed. Most such agreements are formalized in writing, as doing so creates a permanent record of the agreement that can be used to enforce the terms of the contract if necessary. Contrary to popular belief, however, an oral contract may also be enforceable in many cases. If your company […]
Posted in Business Law