Oral Contract
/ˈɔːrəl ˈkɒntrækt/
Definitions
- (n.) A binding agreement created through spoken words rather than written documentation.
The parties formed an oral contract during their meeting, agreeing on the sale terms verbally.
Forms
- oral contracts
Related terms
See also
Commentary
Oral contracts are generally enforceable but may encounter evidentiary challenges compared to written contracts.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.