Table of contents
- Background
- Formation of a contract
- Recommendations and next steps
- While negotiating the terms
- Once the agreement is in place
- Identifying and remedying a breach
- How to make it easier for your business
Article summary
The cases of Bailey and another v Graham and others and BVM Management Ltd v Roger Yeomans t/a The Great Hall at Mains and another demonstrate yet again the importance of documenting commercial contracts in writing. This alert discusses the limitations of relying on oral contracts and important steps when getting agreements documented in writing.
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