01 Nov 2011

The Problems With Oral Agreements

Could a friendly conversation really lead to a legally binding agreement?

In the November issue of Onfilm Magazine, McLaughlin Law Principal, David McLaughlin, explains how your casual conversation could potentially end up as a legally binding agreement. The article also examines the benefits of having a written contract which allows both parties to nail down all relevant details, the relative ease of enforceability of a written agreement compared with an oral agreement, and investigates situations where a contract must be in writing.