Theo and Uma orally agree on the sale of Theo's Fitness Center to Uma and note the terms on a sheet of the center's stationery, which includes the Center's letterhead but which neither party signs. This agreement is most likely enforceable against

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Quizplus · Accepted Answer

The absence of signatures raises the issue of whether there was mutual assent to the agreement. However, if the essential terms of the agreement are present and the circumstances indicate that the parties intended to be bound by the agreement, then a court may find that a valid contract exists. In this case, the parties orally agreed on the sale of the Fitness Center and noted the terms on a sheet of the Center's stationery. The fact that they used the Center's letterhead implies that the agreement was made in the course of business dealings. Therefore, it is more likely that a court would find that a valid contract exists and that Theo is bound to the terms of the agreement. However, it may be difficult to enforce the agreement against Uma if she does not agree to the terms of the agreement.

Theo and Uma Orally Agree on the Sale of Theo's