Asked by
daniel predmore
on Nov 10, 2024
Verified
Only contracts involving significant sums of money must be in writing to be enforceable.
Significant Sums
Large amounts of money that are considerable in quantity or effect.
Enforceable
Capable of being imposed or executed as per legal guidelines or by authority.
Writing
The action or skill of marking coherent words on paper and composing text.
- Contrast distinct forms of contracts and understand the necessity for them to be in writing to be enforceable.
Verified Answer
AM
Learning Objectives
- Contrast distinct forms of contracts and understand the necessity for them to be in writing to be enforceable.
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