Oral contracts occur everyday. However, oral contracts have no place in the professional purchasing arena. If a supplier refuses to perform, there is ______________ for the buyer.

Name: Oral contracts occur everyday. However, oral contracts have no place in the professional purchasing arena. If a supplier refuses to perform, there is ______________ for the buyer.
Brand: Quizplus
Rating: 4.8 (54 reviews)

Question

Quizplus · Accepted Answer

Oral contracts are not enforceable in court, so if a supplier refuses to perform, the buyer has no legal recourse.

Oral Contracts Occur Everyday