Late one evening,Charles and Henry are discussing the purchase and sale of $2,500 of coffee shop equipment after an entrepreneurship class.They are in the classroom when Henry writes their agreement on the classroom whiteboard and both Henry and Charles sign it on the whiteboard.Discuss if this whiteboard document is sufficient to provide a binding written agreement.

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The Answer of Late one evening,Charles and Henry are discussing the purchase and sale of $2,500 of coffee shop equipment after an entrepreneurship class.They are in the classroom when Henry writes their agreement on the classroom whiteboard and both Henry and Charles sign it on the whiteboard.Discuss if this whiteboard document is sufficient to provide a binding written agreement.

Late One Evening,Charles and Henry Are Discussing the Purchase and Sale