With very little in the way of exceptions, the common law re
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With very little in the way of exceptions, the common law required no writing or signature to enter into a contract. The overwhelming number of contracts were verbal or oral contracts. What is the more common practice today?
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With very little in the way of exceptions, the common law required no writing or signature to enter into a contract. The overwhelming number of contracts were verbal or oral contracts. What is the more common practice today?
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Back during the days of common law, a person's word was treated as gold, and when a contract had to be broken, the parties came to a mutually acceptable agreement after much discussion. There were no hidden tactics or fine print involved in their verbal contracts. As times progressed, societies changed. Various forms of theft and fraud became more prevalent, ...
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