To be enforceable,a memorandum evidencing an oral contract must include all essential terms.

Question

Quizplus · Accepted Answer

In order for a memorandum to be enforceable, it must include all essential terms of the oral contract. This means that the memorandum must contain sufficient details about the agreement in order for a court to determine the obligations of both parties. Failure to include all essential terms may render the contract unenforceable.

To Be Enforceable,a Memorandum Evidencing an Oral Contract Must Include