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Why is growth a very attractive strategy?
Written Contract
A written contract is a legally binding agreement put into written form, outlining the terms and conditions agreed upon by the parties involved.
Enforceable
Capable of being imposed or upheld by legal action.
Parol Evidence
A rule that prevents parties to a written contract from presenting extrinsic evidence of terms that would contradict, modify, or vary the contractual terms written in the document.
UCC Statute of Frauds
A section of the Uniform Commercial Code that requires certain types of contracts, such as those for the sale of goods over a certain value, to be in writing to be enforceable.
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