Legal Question in Business Law in Florida

Re: Business Dispute

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If there is an oral agreement to pay back the debt within one year, then it should be enforceable. Of course, it may turn out to be he said/she said and a judge will have to decide which party is more credible. Any materials which would help prove the case will be viewed by the court such as a check used to make the loan, checks used to make partial repayments, etc. and can help prove the case.

Scott R. Jay, Esq.