MLchartDataset catalogue

Oral contract

Term · Law · MLC-T-LAW-003566

A contract formed through spoken words rather than a written document. While legally binding in many situations, proving the terms of an oral contract can be challenging due to the absence of physical evidence. Certain types of contracts, such as those involving real estate, are required by the Statute of Frauds to be in writing.

Table 1. Record
IdentifierMLC-T-LAW-003566
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-003566",
  "term": "Oral contract",
  "field": "Law",
  "definition": "A contract formed through spoken words rather than a written document. While legally binding in many situations, proving the terms of an oral contract can be challenging due to the absence of physical evidence. Certain types of contracts, such as those involving real estate, are required by the Statute of Frauds to be in writing.",
  "url": "https://mlchart.com/terminology/law/oral-contract/"
}

Record 3,563 of 5,441 in Law terminology (MLC-0107). Request the full dataset.