Most contracts are made orally. Oral contracts are just as binding as written contracts if you can prove that they were made. However, because the existence of oral contracts may be hard to prove, important agreements should be put in writing.

Do you agree with this concept or should all contracts be written down?

Answer rating: 100% (QA)

Solution The solution of the given question is 1 YES Oral agreement applies equally as in writing An agreement made up of spoken words and not written ... View the full answer