Does a oral contact stand up in court in Missouri?
Full Question:
Does a oral contact stand up in court in Missouri?
10/23/2007 |
Category: Contracts ยป Oral |
State: Missouri |
#10825
Answer:
The following is a statute:
432.010. Statute of frauds — contracts to be in writing. —
No action shall be brought to charge any executor or administrator, upon
any special promise to answer for any debt or damages out of his own
estate, or to charge any person upon any special promise to answer for the
debt, default or miscarriage of another person, or to charge any person
upon any agreement made in consideration of marriage, or upon any contract
made for the sale of lands, tenements, hereditaments, or an interest in or
concerning them, or any lease thereof, for a longer time than one year, or
upon any agreement that is not to be performed within one year from the
making thereof, unless the agreement upon which the action shall be
brought, or some memorandum or note thereof, shall be in writing and signed
by the party to be charged therewith, or some other person by him thereto
lawfully authorized, and no contract for the sale of lands made by an agent
shall be binding upon the principal, unless such agent is authorized in
writing to make said contract.