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March 2019 Archives

Are oral contracts legal?

A binding contract is a legal document that holds both parties to their agreement. A contract can be written or oral, which is something many people don't understand. When you say that you'll do something and both parties agree, that's a verbal contract. Certain types of contracts, like real estate contracts, must be in writing, but for other types of contracts, oral agreements can be enough.

What happens if a contract's breached?

Breaching a contract is a serious offense. If you have a contract with another business, and they don't hold up their end of the arrangements, it could put you in a difficult position. No one wants to turn to the law for help, but when your business is on the line, a violation of a contract may be enough to result in a claim.

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