Legal Question in Administrative Law in Florida
oral contracts
What are the basics of an oral conract
2 Answers from Attorneys
Re: oral contracts
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Simply put, there is an offer for something by one party and an acceptance by the other party. After that, it can be many different things.
Scott R. Jay, Esq.
Re: oral contracts
The same as the basics of a written contract, except the writing. But, there are many contracts that are required to be in writing to be valid under the Statute of Frauds, for instance, contracts related to real estate, contracts that cannot be performed within one year, to name just two.
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