A contract that is oral when it is required to be in writing is voidable by a party who does not wish to follow through with the agreement.

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Quizplus · Accepted Answer

This is known as the statute of frauds, which requires certain types of contracts to be in writing in order to be enforceable. When an oral contract falls under this requirement, it is considered voidable by a party who wishes to back out.

A Contract That Is Oral When It Is Required to Be