InvestorsHub Logo
Followers 0
Posts 267
Boards Moderated 0
Alias Born 10/20/2004

Re: cableguy post# 38572

Monday, 11/29/2004 2:22:59 AM

Monday, November 29, 2004 2:22:59 AM

Post# of 279080
Actually......verbal contract is not valid.....

According to UCC Statute of Frauds , written contract is required for considation over $500, as well as contracts not to be performed within one year. I believe a carrier contract meets both conditions.....(I sure hope). So if its not written, we are doomed.

"haven't you ever heard of a verbal contract they are just as legal as a signed contract as long as there is a witness to the event."
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.