where's my money?
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If Bernard Hopkins Loses To Chad Dawson I Will Paypal Each Of You $20
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TS....get a lawyer, I'm not kidding. This thread is evidence and you are accountable for your promises. Good Luck!!
http://www.askdavetaylor.com/are_ver...forceable.html
Dave's Answer:
Generally, oral or verbal contracts are indeed legally enforceable, but there's a fundamental problem: how do you prove what was agreed upon? That's why written contracts are far more useful, because everything's down in, well, black and white.
Here are some thoughts on this subject from around the Web.
Fran Przyblewski wrote a good piece in SeniorMag that highlights:
"The problem with verbal contracts are that they are often very hard to prove, especially if they are very complicated or have no independent witnesses. The parties themselves may not even recall the exact details to which they agreed. Therefore, if neither side can can show a written contract, judges are often forced to apply "fairness" or other governing state laws. The problem with "fairness" is that at least one person won't consider it "fair."
"In general, try to avoid verbal contracts. Anyone that wants you to agree to something but won't put it into writing, just isn't worth the time. And they are very likely out to scam you."
Wikipedia, in its article about oral contracts, says:
"In general, oral contracts are just as valid as written ones, but some jurisdictions either require a contract to be in writing in certain circumstances (for example where real property is being conveyed), or that a contract be evidenced in writing (though it may be oral). An example of the latter being the requirement that contract of guarantee be evidenced in writing that is found in the Statute of Frauds. Similarly, the limitation period prescribed for an action may be shorter for an oral contract than it is for a written one."
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