Verbal Agreements
Posted: Wed Dec 10, 2008 6:21 pm
Having had the experience of getting into a world of trouble over a verbal agreement and then backing out once the contract was mailed and read (conditions were different than the verbal agreement) I have had much time to think and research the topic of contract law and came upon [b]The Statute of Frauds.[/b]
By no means am I purporting to be any kind of expert but my research has brought me to the following among other sections of the law:
Contracts which cannot be performed within one year must be in writing. A verbal agreement does not always commit one if the written contract is not signed. There must be a meeting of the minds.
Since most schools offer two year positions will they fall under this statute? Have some of the recruitment agencies been skirting this?
I don't know. Anyone out there want to venture an opinion?
By no means am I purporting to be any kind of expert but my research has brought me to the following among other sections of the law:
Contracts which cannot be performed within one year must be in writing. A verbal agreement does not always commit one if the written contract is not signed. There must be a meeting of the minds.
Since most schools offer two year positions will they fall under this statute? Have some of the recruitment agencies been skirting this?
I don't know. Anyone out there want to venture an opinion?