Victoria decides not to lease the condo from Sanchez. (They have an oral agreement.) She tells him she has changed her mind the day before she had agreed to move in. He has spent time and money getting the property ready for Victoria and is thinking of suing. Which type of contract applies to the situation?

Question

Social Studies

Freddy Ware

22 November, 19:29

Victoria decides not to lease the condo from Sanchez. (They have an oral agreement.) She tells him she has changed her mind the day before she had agreed to move in. He has spent time and money getting the property ready for Victoria and is thinking of suing. Which type of contract applies to the situation?

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Answers (1)

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Christopher Ford · Answer 1

Answer: This is an unenforceable contract

Explanation:

What does this contract entails?

An unenforceable contract is real contract but which is not enforceable because it contains certain technical fault.

It does have legal action that can be taken though (even though it is unenforceable contract) should there be any harm committed or things like fraud commited.

Usually a contract that is referred to as an unenforceable contract due to the lack of tangible evidence or it has expired.

The above contract is unenforceable due to the absence of written agreement between the two parties so there is no proof to present what they agreed on.