{"id":1828,"date":"2022-01-13T02:29:15","date_gmt":"2022-01-13T07:29:15","guid":{"rendered":"https:\/\/carolinesimard.ca\/?p=1828"},"modified":"2022-02-22T22:41:48","modified_gmt":"2022-02-23T03:41:48","slug":"what-is-the-value-of-a-verbal-contract","status":"publish","type":"post","link":"https:\/\/carolinesimard.ca\/en\/what-is-the-value-of-a-verbal-contract\/","title":{"rendered":"What is the value of a verbal contract?"},"content":{"rendered":"\n

Every day we enter into many contracts without even realizing it. Indeed, a contract exists as soon as two persons (a company is considered a legal person), commit to do something for each other. A contract is formed by the mere exchange of consent. <\/p>\n\n\n\n

For example, buying food from your grocer is a contract, as he agrees to provide you with food in exchange for payment. The snow remover agrees to clean your driveway upon payment for his service<\/a>. The same goes with renting a parking space, going to the movies, providing daycare for your children, selling a car, ... <\/p>\n\n\n\n

When a contract is concluded, the contracting parties have the obligation to respect their commitments, failing which there are remedies: you can put the person on notice<\/a> to perform their obligation, demand compensation, ask for a reduction of your own obligation, terminate the contract, ...<\/p>\n\n\n\n

The contract does not have to be recorded in a\ndocument, it can be verbal. Therefore, a verbal contract is legally valid and\nhas the same legal effects as a written contract. <\/p>\n\n\n\n

The problem with a verbal contract is that its existence is more difficult to prove should a dispute arise. The proof will have to be made by a witness and the result is often that it will be the word of one against the other and about who the court will believe. A written contract is much better evidence. <\/p>\n\n\n\n

Obviously, some contracts are more complex than others, so we recommend that you consult a lawyer<\/a> to put your agreements and contracts in writing. <\/p>\n","protected":false},"excerpt":{"rendered":"

Every day we enter into many contracts without even realizing it. Indeed, a contract exists as soon as two persons (a company is considered a legal person), commit to do something for each other. A contract is formed by the mere exchange of consent. 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