Contract,Oral Contract
Validity of oral contract
Is ‘oral’ contract valid legally?
By  Angshuman Chaudhary  |  27 May 2016  |  Upvotes: 0  | 

1 Answer(s)

Harshit Bhurani

As per the Indian Contract Act, 1872, an oral contract is valid and binding on the parties which entered into it.But in practice,For any contract that is even remotely important to your business, make sure that you have it drafted and signed between the parties.

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