executed oral agreement

executed oral agreement
An oral agreement is not "executed" unless it has been fully performed by both parties. Walther v. Occidental Life Ins. Co., 40 Cal. App.2d 160, 104 P.2d 551, 554

Black's law dictionary. . 1990.

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  • executed oral agreement — An oral agreement is not executed unless it has been fully performed by both parties. Walther v. Occidental Life Ins. Co., 40 Cal. App.2d 160, 104 P.2d 551, 554 …   Black's law dictionary

  • executed contract — executed and executory contracts Contracts are also divided into executed and executory; executed, where nothing remains to be done by either party, and where the transaction is completed at the moment that the arrangement is made, as where an… …   Black's law dictionary

  • executed and executory contracts — Contracts are also divided into executed and executory; executed, where nothing remains to be done by either party, and where the transaction is completed at the moment that the arrangement is made, as where an article is sold and delivered, and… …   Black's law dictionary

  • executed contract — executed and executory contracts Contracts are also divided into executed and executory; executed, where nothing remains to be done by either party, and where the transaction is completed at the moment that the arrangement is made, as where an… …   Black's law dictionary

  • executed and executory contracts — Contracts are also divided into executed and executory; executed, where nothing remains to be done by either party, and where the transaction is completed at the moment that the arrangement is made, as where an article is sold and delivered, and… …   Black's law dictionary

  • agreement — agree·ment n 1 a: the act or fact of agreeing by mutual agreement b: unity of opinion, understanding, or intent; esp: the mutual assent of contracting parties to the same terms if they reach agreement ◇ Under common law, agreement is a necessary… …   Law dictionary

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  • CONTRACT — (Heb. חוֹזֶה, ḥozeh), in general law theory a legally binding agreement between two or more parties, in terms of which one party undertakes for the benefit of the other to perform or refrain from a certain act. As such, contract is the main… …   Encyclopedia of Judaism

  • Statute of frauds — The statute of frauds refers to the requirement that certain kinds of contracts be made in writing and signed.Traditionally, the statute of frauds requires a writing signed by the defendant in the following circumstances: * Contracts in… …   Wikipedia

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