Re: 2015-2016 Division I Commitments
Right. Verbal contracts are just as binding as written ones; the distinction isn't that the former isn't binding, it's that it can be hard to prove that the contract existed. Someone who breaks a verbal contract is just as guilty of committing a tort.
Of course it's the same thing, there was a meeting of the minds...the seller agreed to sell for $1K and the buyer agreed to buy it for that price. There was an agreement..."a promise what both will do in the future".
Right. Verbal contracts are just as binding as written ones; the distinction isn't that the former isn't binding, it's that it can be hard to prove that the contract existed. Someone who breaks a verbal contract is just as guilty of committing a tort.