HL rules against oral deals

HL rules against oral deals - 1992 - Daily Telegraph 24 January 1992, 4 Times 27 January 1992, 15(2) .

Oral `subject-to-contract` agreements between parties during negotiations for the sale of a business or property are unenforceable under the law of contract in England and Wales according to HL in "Walford v Miles".


LAW OF CONTRACT
ORAL AGREEMENTS
SUBJECT TO CONTRACT AGREEMENTS