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re: I'm calling it now. Vandy Beats Ole Miss.
Posted on 9/22/15 at 11:52 am to BugaPainTrain7
Posted on 9/22/15 at 11:52 am to BugaPainTrain7
quote:
Actually you being a lawyer would know this better than anyone...words don't mean shite until you sign on that dotted line.
IM OUT BITCH
Not true at all. Having it in writing and signed just makes it easier to prove the deal existed. It also makes it harder to weasel out of a loophole that typical handshake/verbal agreements leave because they aren't so thorough or able to be proven.
Also, if you welch on this bet, I sincerely hope you're kicked off the Vandy board.
This post was edited on 9/22/15 at 11:54 am
Posted on 9/22/15 at 11:53 am to DoreonthePlains
Why would you wish such a thing?
Posted on 9/22/15 at 12:02 pm to DoreonthePlains
quote:
Not true at all. Having it in writing and signed just makes it easier to prove the deal existed. It also makes it harder to weasel out of a loophole that typical handshake/verbal agreements leave because they aren't so thorough or able to be proven.
You need a signed writing to satisfy the Statute of Frauds, but that only applies to sale of goods five hundred dollars and over, real estate contracts, contracts that cannot be completed within one year, and contracts to pay the debt of another.
But yeah there are issues with proving that an oral contract existed absent witnesses to the formation.
This post was edited on 9/22/15 at 12:03 pm
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