Can You Enforce a Verbal Contract?

Many cases in Chicago involve lawsuits that enforce verbal contracts. But did you know that your chances of proving that a contract existed improve when you reduce your agreement to writing?

In some circumstances, specific statutes protect against contract claims without a writing. They include: contracts relating to land, guarantees, the sale of goods worth over $500, contracts that take longer than a year to perform and contracts binding banks. But even in those cases, there may be exceptions, such as where one or both parties have begun to perform without a written contract. You might be surprised at how flimsy writings may suffice to meet this requirement.

The rules and laws about this are sufficiently complex such that if you have a question, you should consult a lawyer. For more information about breach of contract rights and remedies, click here or call (312) 223-1699.

 
Real Time Web Analytics