Legal Question in Credit and Debt Law in Montana
verbal agreements
are verbal agreements binding
Asked on 9/30/08, 6:52 pm
1 Answer from Attorneys
David Anderson
Anderson Business Law LLC
Re: verbal agreements
Some are, some are not. Depends on what is being agreed to . There is a statute of frauds that requires certain contracts to be written, such as sale of real estate or stock.
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Answered on 9/30/08, 9:12 pm