Question: Identify the true statement about oral contracts. They are generally as legally enforceable as written contracts. They are recommended for situations where it is important

Identify the true statement about oral contracts.
They are generally as legally enforceable as written contracts.
They are recommended for situations where it is important to have a record of the precise agreement.
They must always have a signed and written counterpart in order to be valid.
They are well-suited for contracts that involve a large amount of money.
Identify the true statement about oral contracts. They are generally as

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