A contract that remains wholly executory, even though enforceable because in writing, may be rescinded orally in most states.

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In most states, a contract that remains wholly executory can be rescinded orally, even if it is enforceable because it is in writing. This is because the parties have not yet performed their obligations under the contract, so there is no harm in allowing them to rescind the agreement informally. However, some contracts may have specific provisions that require any changes to be made in writing, so it is important to review the terms of the agreement before attempting to rescind it orally.

A Contract That Remains Wholly Executory, Even Though Enforceable Because