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Alternative Contracts

Alternative Contracts

Postby tph » Thu Oct 05, 2017 6:17 pm

Rather than a written contract could a recorded meeting where the elements of a contract were discussed in detail and agreed form a legal contract?
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Re: Alternative Contracts

Postby SPQR49 » Thu Oct 05, 2017 8:27 pm

What you describe is an oral contract is it not if all of the ingredients are present: offer, acceptance, capacity, intention, and consideration - if all of those are certain, there is an oral contract. The fact that it is recorded doesn't alter that. Of course it is more certain to reduce the agreement to writing.
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Re: Alternative Contracts

Postby atticus » Thu Oct 05, 2017 8:58 pm

A contract is an agreement. The terms of the agreement may be written in a document signed by the parties. Except for particular types of contract (eg for sale of land) there is no requirement for contracts to be in writing. As SPQR says, writing gives certainty.
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