Quizzes & Puzzles6 mins ago
Verbal contracts
4 Answers
Is a verbal contract legally binding if there are witnesses?
Answers
Best Answer
No best answer has yet been selected by carlos. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Every time you go into a shop and buy something and the the sales assistant asks you for payment it is in effect a verbal contract. You need the 3 main components of a contract - offer, acceptance & consideration (usually payment). However, without witnesses obviously it would be difficult to prove.