What is a Contract? Simple question. Everyone conceptually knows what a contract is. However, there are a lot of finer details. What is a Contract? At its simplest, a contract is a legal agreement between two or more people. Legally speaking, a contract is a legal device that exists once certain conditions are met. It…

Memorializing an oral contract is a must if you’re going to use oral contracts at all. We recommend using written contracts whenever possible. However, if you can’t “get it in writing,” you should memorialize the oral terms after the fact.   What is a Contract? A contract is a legal agreement between two or more…

When dealing with contract issues, the first question your attorney will probably ask is: did you get it in writing? The attorney isn’t asking to make her job easier. The attorney is asking because of a concept known as the statute of frauds.  Generally, oral and written contracts are equally enforceable, but there are exceptions…


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