oral contract | verbal contract | oral agreement | verbal agreement
SAINMHÍNIÚ contract the terms of which have been agreed by spoken communication, in contrast to a written contract, where the contract is a written document TAGAIRT Wikipedia > Oral contract. http://en.wikipedia.org/wiki/Oral_contract [19.9.2011]
NÓTA In general, oral contracts are just as valid as written ones, but some jurisdictions either require a contract to be in writing in certain circumstances (for example where real property is being conveyed, or that a contract be evidenced in writing (though it may be oral). An example of the latter being the requirement that contract of guarantee be evidenced in writing that is found in the Statute of Frauds.