Oral Agreements.

When a (1) verbal agreement is (2) backed up by (3) part performance

then a party can be (4) estopped from claiming that there was no agreement.

This is known as the principle of (5) promissory estoppel.

For example: A client agrees with a supplier (proveedor) for the delivery of 5000

facemasks (mascarillas) for 1000 euros and then sends the money. The supplier could be estopped from denying any agreement existed because of this part performance, ie..the sending of the money.

 

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