contracts and verbal agreements

Get Legal Help Today

 Secured with SHA-256 Encryption

contracts and verbal agreements

I signed a contract to purchase a machine for my LLC for $10,000 in January of 2017. In March of 2018 the owner of the machine said it would be $7,000 instead and gave me a print out from their quickbooks showing that it would be $7,000 to pay it off but no contract was signed. Now in August 2018 they are saying its back to $10,000. Which would be correct?

Asked on August 3, 2018 under Business Law, Oregon

Answers:

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 3 years ago | Contributor

A written contract can only be changed in writing. If there were only oral (oral, not "verbal," is the correct term for unwritten communications), they will not override or alter the existing written contract. Therefore, the written agreement of $10k is still in effect.


IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.

Get Legal Help Today

Find the right lawyer for your legal issue.

 Secured with SHA-256 Encryption