ORAL CONTRACTS ARE VALID AND BINDING UNDER THE LAWS OF THE DUTCH CARIBBEAN

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 Dutch Caribbean Law (a.k.a. Netherlands Antilles and Aruba law). Oral agreements are valid and binding, unless the law requires certain formalities […]

Filed under: legal by Karel.Frielink
No Comments »