Wednesday, August 21, 2013

Can there be a breach of contract if the parties didn’t sign anything?

Even if the parties involved in the contract did not sign anything and there was a type of formal close to the contract, then technically the contract exists.  Formally closing a deal could be as easy as shaking hands.  Most people beleive that a contract only exists if there is a document with signatures on it.  This is not necessarily true.


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