Examlex
Adolescent and emerging adult problems are usually categorized as either
Statute of Frauds
A legal principle requiring certain types of contracts to be in writing and signed to be enforceable.
Oral Contract
A verbal agreement between parties that is legally binding, though more difficult to enforce than written contracts due to the lack of physical evidence.
Voidable
A transaction or agreement that is legally valid but may be annulled or voided at the discretion of one of the parties involved.
Executory
Describing a contract or deed yet to be fully executed or performed, often depending on certain conditions being met.
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