An oral agreement is enforceable indefinitely.

Question

Quizplus · Accepted Answer

An oral agreement can be difficult to enforce as there is no written record of the terms agreed upon. In some cases, oral agreements may be enforceable under certain circumstances, such as if there were witnesses or evidence of performance. However, many jurisdictions require contracts to be in writing to be enforceable, particularly for certain types of agreements such as real estate contracts or contracts that cannot be performed within one year. Therefore, it is generally advisable to have all agreements in writing to avoid disputes and ensure enforceability.

An Oral Agreement Is Enforceable Indefinitely