an agreement that is not in writing and is not signed by the parties but is a real existing contract that lacks only the formal requirement of a memorandum to render it enforceable in litigation
双语例句
They have made an oral agreement. 他们已经达成了口头协议。
The boss only gives us an oral contract. 老板仅仅给我们口头合同。
It is common for people to believe that a contract will not be legally enforceable unless it is in writing. 人们通常认为口头合同不具备法律上强制执行的效力。
