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Are Oral Contracts Enforceable?

Are Oral Contracts Enforceable?

by Mag Mile Law | Oct 1, 2021 | Blog, Insurance Contract Law, Real Estate Contract Law, Sports Contract Law

Not every contract has to be in writing. In some instances, oral contracts are enforceable. The most basic requirement of every contract – written or oral – is that the parties must be competent to form a contract. In Illinois, a presumption...

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