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Definition of Oral contract
1. Noun. An agreement that is not in writing and is not signed by the parties but is a real existing contract that lacks only the formal requirement of a memorandum to render it enforceable in litigation.
Lexicographical Neighbors of Oral Contract
Literary usage of Oral contract
Below you will find example usage of this term as found in modern and/or classical literature:
1. Handbook of the Law of Insurance by William Reynolds Vance (1904)
"60) WHEN AN oral contract BECOMES COMPLETE. a contract of present insurance is
valid without writing, though for a period exceeding one year, ..."
2. The Law of Contracts by Samuel Williston, Clarence Martin Lewis (1920)
"Subsequent recognition of an oral contract which was not performable within a year.
If an executory contract is confessedly not performable within a year ..."
3. South Eastern Reporter by West Virginia Supreme Court of Appeals, West Publishing Company, South Carolina Supreme Court (1910)
"The oral contract, as testified by Barker, who signed the written contract on
behalf of plaintiffs, covered the 250000 feet of lumber on the mill yard. ..."
4. The Law of Contracts by William Herbert Page (1920)
"oral contract as inducement. principle that the consideration may be shown has
been extended to cases where an oral contract has been proved as a ..."
5. The Law of Contracts by William Herbert Page (1919)
"Presumption of consideration—oral contract. An oral promise does not import a
consideration;1 and if the existence of an oral contract is denied, ..."
6. American Law of Real Estate Agency: Including the Duties and Liabilities of by William Slee Walker (1922)
"Agent authorized to make a written can not make an oral contract. An agent must
closely follow the instructions of his principal ; therefore, ..."
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