Contracts are essential for conducting business and maintaining agreements between parties. However, not every contract needs to be in writing. While many legal agreements require written documentation, some agreements can be made orally or through actions. Here are some examples of contracts that do not have to be in writing.
1. Verbal Contracts
Many service agreements, such as those between a landscaper and a client, a personal trainer and a client, or a pet sitter and a client, can be made verbally. These agreements do not need to be in writing to be legally binding. However, it`s always a good idea to put the terms of the agreement in writing to avoid any misunderstandings later.
2. Simple Sales Contracts
Simple sales contracts, such as buying a coffee from a coffee shop or purchasing a piece of candy from a vending machine, do not need to be in writing. These agreements are typically understood by both parties and do not require a formal contract.
3. Employment Contracts
In some cases, employment agreements can be made orally. For example, a small business owner may hire an employee without a written contract, but rather through a verbal agreement. However, it`s generally recommended to have a written employment contract to avoid any potential misunderstandings.
4. Agreements with Friends and Family
Agreements made between friends and family members, such as agreeing to lend money or perform a task, do not typically require a written contract. However, it`s always a good idea to put the terms of the agreement in writing to avoid any misunderstandings or conflicts down the line.
5. Agreements with Low Monetary Value
Contracts with a low monetary value, such as agreements to purchase small items or services, may not require a written contract. However, it`s always a good idea to have some documentation of the agreement, such as a receipt or email confirmation, to avoid any misunderstandings or disputes.
In conclusion, many agreements do not require written contracts, but it`s always a good idea to have some form of documentation to avoid any misunderstandings or disputes. As a rule of thumb, if an agreement involves significant sums of money, property, or services, it`s best to have a written contract.