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In Most States, an Oral Binder Is as Legal as a Written

Question 40

Multiple Choice

In most states, an oral binder is as legal as a written one, but in case of a dispute:


A) written binders are given more weightage.
B) one requires both written and oral binder to prove the existence of a contract.
C) it is difficult to prove its terms.
D) the court does not rule in favor of individuals who only have oral binder as evidence.
E) written binders do not require oral binder as evidence, but oral binders have to be backed by written binders.

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