asked 98.2k views
3 votes
Angela decided to sell her summer home to Theo. They wrote out the details on a cocktail napkin, and both parties signed it. In order to qualify as a written contract that satisfies the writing requirement, this agreement would need to contain:

asked
User Mark Lu
by
8.0k points

1 Answer

4 votes

Answer:

The essential terms, including the price and a clear description of the property

Step-by-step explanation:

Angela decided to sell her summer home to Theo. They wrote out the details on a cocktail napkin, and both parties signed it. In order to qualify as a written contract that satisfies the writing requirement, this agreement would need to contain the essential terms, including the price and a clear description of the property .

answered
User Dan Levin
by
8.6k points
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