November
6,
2024
|
Ever heard a sweeping statement about contract law, and been not quite sure if it was true? We’re here to help. Here’s a list of some common misconceptions about contracts that we hear all the time at Sanicki.
1. A contract has to be in writing
Contrary to popular belief, contracts don’t have to be written to be legally binding. They can be made orally, via text messages, or even through conduct, as long as some basic elements are satisfied:
Offer and Acceptance: One party must make an offer, and the other party ...