oral agreements
Handshake deals, essentially
Oral agreements are contracts or promises made through spoken words rather than written documents.
They're legally binding in many situations, though harder to prove than written contracts: The deal was sealed with a handshake and an oral agreement.
Some transactions—like real estate sales—typically require written contracts by law, making oral agreements unenforceable.
- verbal contractSpoken, unwritten binding promise
- statute of fraudsLaw mandating written contracts
- relianceState of needing support
- offerProposal to provide
- negotiationDiscussion seeking mutual accord
witness testimony · sworn testimony · good faith · litigation · enforceability · honesty · acceptance · validity · handshake deal · word of mouth · accountability · breach · performance · consideration · meeting of minds · integrity · honor system · terms
- contractsbinding contracts, contract length, lease, clause, contract terms
- verbal contractspromises, verbal promise
- Indigenous Governanceself-rule, self-government, community councils, tribal councils, elder council
- Indigenous Lawindigenous law, aboriginal rights, indigenous sovereignty, ceremonial law, traditional law
- Indigenous Treatieshistoric treaties, historical treaties, tribal treaties, Treaty of Greenville, Treaty of Waitangi
- Islamic contractssharia compliance
oral agreementswritten contracts
Documented legal obligations
formal contracts · deeds · legal documents · treaties · charters
oral, agreements, agree, agreement, orally, agreed, agreeing, disagreement, disagree