14
Sep
Are verbal agreements legally enforceable? It is a common misconception that verbal agreements hold no legal weight and therefore cannot be enforced but, this is not necessarily the case. The ideal situation is that there is a written agreement as this helps to manage the expectations of parties involved and provides a reference point in the event of a dispute. However, it is common that parties make verbal agreements, by telephone or in person. In such instances it is possible that it can be enforced in a Court of law. Key Elements The enforceability of a verbal agreement hinges onRead More