Jimbo I wrote:
On Sat, 4 Aug 2001, Sandy Sandfort wrote:
Unless it fails to contain all the elements required of a valid contract (you know those elements, don't you Jimbo?)
1. Capacity of the parties.
2. Mutual agreement (assent) or meeting of the minds (a valid offer and acceptance)
3. Consideration (somethingof value given in exchange for a promise)
4. Legality of subject matter.
or it violates the Statute of Frauds or similar rules (you know about the Statute of Frauds and similar rules, don't you Jimbo?)
Yep, but do your own research.
or violates some public policy (you know about those public policy concepts don't you Jimbo?).
Yep, see above.
Any failure along these lines would render such a verbal "agreement" unenforceable in contract.
And not a one applies here.
Perhaps, though that was not my intent. Just wanted to see if you'd jump through the hoops after the fact and pretend you knew that stuff up front. As it is, I can only give you a "C." Not too bad, really, better than I would have guessed. S a n d y