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Is a Handshake Deal Legally Binding?

 

Is a Handshake Deal Legally Binding? 🤝⚖️

📌 Common Client Question:
"We agreed on a deal verbally, but now the other party is backing out. Can I enforce it legally?"

🔥 #VerbalContract #HandshakeDeal #BusinessLaw #LegalAdvice #LexisAndCompany

✅ Yes, Verbal Contracts Can Be Valid!

Under the Indian Contract Act, 1872, a verbal contract is binding if it includes:
✔ Offer & Acceptance
✔ Consideration (Value Exchange)
✔ Clear Terms
✔ Intent to Be Legally Bound

🔥 #LegalBinding #BusinessDeals #OralAgreements #LexisAndCompany

❌ When It Won’t Hold Up

🚫 No proof (emails, witnesses) = Weak case
🚫 Some contracts must be in writing (property, loans)
🚫 Memory fades—avoid “he said, she said” disputes

💡 Pro Tip: Always follow up a handshake with an email or written note! 📩

🔥 #TrustButVerify #BusinessContracts #LegalProtection #LexisAndCompany

⚖️ Need Help? We’ve Got You!

✅ Drafting & Enforcing Contracts
✅ Handling Breach of Agreements
✅ Expert Legal Consultation

📲 Call: +91-9051112233
🌐 https://www.lexcliq.com

🔥 #ContractLaw #LegalExperts #BusinessLegalities #LexisAndCompany

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