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Originally Posted by JWsleep
A legal contract can be a verbal agreement, a handshake, lots of things. It does not have to involve lawyers and complex documents--though that keeps lawyers in business.
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Yes and no. Certain agreements have to be in writing to be enforceable. For example, contracts for the purchase of land. Also, it depends on each individual state. Most states have what's called a "statue of frauds" that will find verbal agreements unenforceable if they fall within the statute (for example, some states require any contract for the sale of goods in excess of $500 to be in writing.......others, like Pennsylvania, do not).