Are oral contracts as enforceable as written contracts?DefinitionWhatever the percentage of fault is, damages are reduced by that amountChoose answerTrueFalse
Question
Are oral contracts as enforceable as written contracts?
Definition
Whatever the percentage of fault is, damages are reduced by that amount
Choose answer
- True
- False
Solution
The question seems to be a mix of two different topics.
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"Are oral contracts as enforceable as written contracts?" - This depends on the jurisdiction. In general, oral contracts are enforceable, but proving their terms in a dispute can be difficult. Some types of contracts, such as those for real estate transactions, must be in writing to be enforceable.
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"Whatever the percentage of fault is, damages are reduced by that amount. True or False?" - This statement is generally true in jurisdictions that follow comparative negligence rules. Under these rules, if you are partially at fault for an accident, any damages you would receive are reduced by the percentage of your fault. For example, if you are 30% at fault and your damages are 70,000.
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