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Is a verbal agreement a legal binding contract in california?
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Is a verbal agreement a legal binding contract in california?

Question by Mark Cerda: Is a verbal agreement a legal binding contract in california?
I loaned a friend $ 500 and he was sopposed to give me the title to his his car for collateral, wich he did not do, we did not sign a contract but it was actually his verbal agreement wich i agreed to and now i want my money back, Can I take it small claims?

Best answer:

Answer by zaphod73@att.net
Of course…but it also depends on when that promise was made as “oral contracts” have statutes of limitations.

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