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Difference between revisions of "Making a Contract"
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===Does a contract have to be in writing?=== | ===Does a contract have to be in writing?=== | ||
In most cases, no. In fact, most of the everyday contracts we make, such as buying a ticket for a movie or going to the hairdresser, are not put in writing. If the elements of a contract are present, a verbal agreement is just as legal and binding as a written one. | In most cases, no. In fact, most of the everyday contracts we make, such as buying a ticket for a movie or going to the hairdresser, are not put in writing. If the elements of a contract are present, a verbal agreement is just as legal and binding as a written one. | ||
[[File:Consumer_Law_-_Contents3.png|thumb|275px|right| link=| <span style="font-size:50%;">Image via www.istockphoto.com</span>]] | |||
A contract is the '''agreement''' between people; a written document is usually just '''proof''' of the agreement. | A contract is the '''agreement''' between people; a written document is usually just '''proof''' of the agreement. | ||
However, some kinds of contracts '''must''' be in writing. For example: | However, some kinds of contracts '''must''' be in writing. For example: | ||