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In the state of alabama is a verbal agreement a bindinding contract on a purchase from a friend

Asked over 2 years ago - Eufaula, AL
Business Contracts

we purchased a motorcycle and have already made 2 pymts

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Attorney answers (1)

Reputation Level 8
Answered over 2 years ago. Contracts / Agreements Lawyer in Atlanta, GA.
Yes. An oral agreement is a contract as long as meet the basic requirements for a contract, which your desciption indicates that it likely does. The problem with oral contracts is proving the terms.
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