The courts consider oral agreements under $500 binding if:
A)the agreement is for less than one year.
B)the parties have previously done business together.
C)the transaction is for services rendered.
D)the new venture is incorporated.
Answer: A
The courts consider oral agreements under $500 binding if:
A)the agreement is for less than one year.
B)the parties have previously done business together.
C)the transaction is for services rendered.
D)the new venture is incorporated.