Day: December 20, 2005

There are certain exceptions Many contracts are concluded on the telephone. Often a (fax) confirmation is sent of the most important terms of the transaction. However, an oral contract as such creates a binding transaction under Netherlands Antilles and Aruban law. Oral agreements are valid and binding, unless the law requires certain formalities to be… Continue reading ORAL CONTRACTS ARE VALID AND BINDING UNDER THE LAWS OF THE NETHERLANDS ANTILLES AND ARUBA