oral contract

(redirected from Unwritten contract)
Also found in: Dictionary, Thesaurus, Legal.
Related to Unwritten contract: oral contract

Oral contract

A contract not recorded on paper or on computer, but made vocally which is usually enforceable.

Oral Contract

A contract concluded by mutual agreement between the parties but is not written. In general, an oral contract is equally valid as a written one, though some contracts, such as those dealing with transfers of real estate, must be written. However, oral contracts can be more difficult to enforce in a court of law if there are no witnesses or other evidence attesting to the existence of the oral contract.

oral contract

A verbal agreement that is enforceable unless it falls within the Statute of Frauds. The problem with most oral contracts is not one of technical enforceability; it is one of proof. Unless both parties to a dispute have a clear recollection of the exact terms of the contract, and they are both truthful, a jury will have to decide whether a contract exists and the terms of that contract.

References in periodicals archive ?
The Great Unwritten Contract idea only makes sense if entertaining consumers actually persuades them to buy more.
In this case, the unwritten contract in which the samurai and local elite were given control over the fruits of the peasantry's labor in return for protection and survival was no longer being fulfilled by the samurai.
A serious breach of the unspoken, unwritten contract that must exist among all well-meaning people is the abuse of a dancer's trust.
Just make sure that we have an understanding -- an unwritten contract -- 'don't exploit us, we'll work with you; exploit us and you can't imagine the bothersomeness we can be to you.
3 million payout, a UO spokeswoman said that the two had met last July, discussed Bellotti's employment conditions and come to an oral agreement that amounted to a binding but unwritten contract, and that the payout was a fulfillment of that obligation.
He felt that the network had an unwritten contract with the audience, and he felt the pressure to live up to it.
Or I'll see the place obviously not being loved like we loved it - and I'll feel a certain regret, realizing the new folks have broken the unwritten contract of homeowners.