Sue Sandon and Joe Rhine concluded their agreement in all substantial matters of their contract for goods,such as price,quantity,and mode of delivery.But the formal written agreement has not been signed yet.Is there a binding contract at present?

Question

Quizplus · Accepted Answer

If it appears that the parties had concluded their negotiations and reached agreement on all the essential aspects of the transaction,most courts would probably find a contract at the time agreement was reached,even though no formal agreement had been signed.

Sue Sandon and Joe Rhine Concluded Their Agreement in All