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QUESTION

is a verbal agreement binding in a three way partnership.

Asked on Feb 16th, 2013 on Business Law - Iowa
More details to this question:
relates to a buy-sell agreement between partners
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1 ANSWER

Michael Charles Doland
Business Transactions Attorney serving Los Angeles, CA at Doland & Fraade
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An oral agreement is enforceable but is not a good substitute for a written agreement because of the proof of the terms.
Answered on Feb 19th, 2013 at 7:18 PM

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