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Anita Hernandez
on Nov 01, 2024

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Star Software Systems and Henry orally agree for Henry to write special accounting software.This software usually takes three years to complete,but can be done sooner.Does Henry have an enforceable legal agreement with Star?

A) Yes,the agreement is enforceable because Henry could possibly complete writing the software within a year.
B) No,the agreement is unenforceable because it is not written and signed.
C) Yes,the agreement is enforceable,but only to the extent of work Henry completes within the first year of the contract.
D) No,the agreement is unenforceable since the contract involves a tangible work product.

Enforceable Legal Agreement

A contract or agreement that is valid under the law and can be upheld and compelled through legal action.

Special Accounting Software

Customized software solutions designed to meet the unique accounting and financial management needs of specific businesses or industries.

  • Comprehend the conditions in which the Statute of Frauds mandates that specific agreements must be documented to be legally binding.
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