Verbal Agreement Clause

If you buy a newspaper, there is not much risk. Many oral contracts are legally binding, but the possibility of a party not respecting its commitment still exists; This is the reason why people often prefer to get their agreements in writing. The first element is that of an “offer”. An offer arises when one party proposes the terms of an agreement to another party. The terms of the offer must be sufficiently clear that a reasonable person can understand them and be expected to comply with it. If a person does not accept the conditions, but offers new or slightly different conditions, this is considered a “counter-offer”. Also note that the law is able to verify the applicability of the types of contracts created electronically.