Article Date: 10/01/2007

EDITOR'S NOTES | Issue 5-39

Oral agreements—are they legal? Do they stand up in court? It depends. This week, we look at two such agreements. One is binding. The other is not. In the first, a subcontractor circumvents a non-paying prime contractor by making a verbal agreement directly with the owner for payment. When the owner doesn’t pay up, the ... Log in to view the full text.

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