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In: Economics

Is an oral contract for the transfer of an apartment enforceable? What about if the seller...

  1. Is an oral contract for the transfer of an apartment enforceable? What about if the seller has already received the money and transferred the keys to the buyer? If the contract is in writing does the contract has to be signed by both buyer and seller to be enforceable? What about if the contract was written and signed on a paper napkin during a dinner at a restaurant? Does it make any difference if the buyer was drinking heavily during the dinner?

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