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ORAL CONTRACT

(noun)
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Definitions

There is 1 meaning of the phrase Oral Contract.

Oral Contract - as a noun

An agreement that is not in writing and is not signed by the parties but is a real existing contract that lacks only the formal requirement of a memorandum to render it enforceable in litigation

Example Sentences

"They had an oral contract to sell the land."
"The court ruled in his favor even though there was no written agreement because they had an oral contract."
"Without a written record, it can be difficult to prove the terms of an oral contract."
"He breached the oral contract by not delivering the goods as promised."
"The parties entered into an oral contract before finalizing the details in writing."
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