ORAL CONTRACTS ARE VALID AND BINDING UNDER THE LAWS OF THE NETHERLANDS ANTILLES AND ARUBA

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 fulfilled. For [...]

Filed under: legal by Karel.Frielink
No Comments »