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Simple English definitions for legal terms

parol agreement

Read a random definition: North Carolina

A quick definition of parol agreement:

A parol agreement is a type of contract between two or more parties that is not in writing. It is based on spoken promises or agreements that are legally enforceable. However, it can be difficult to prove the terms of a parol agreement in court because there is no written record of the agreement. Therefore, it is always best to put important agreements in writing to avoid any misunderstandings or disputes.

A more thorough explanation:

A parol agreement is a type of contract that is made orally or through spoken words. It is also known as a parol contract. This type of agreement is enforceable by law, but it can be difficult to prove its terms since it is not in writing.

For example, if two people agree to sell a car for $5,000, but they do not write down the terms of the agreement, it is considered a parol agreement. If one person fails to pay the agreed amount, the other person can take legal action to enforce the agreement, but it may be difficult to prove the terms of the agreement without any written evidence.

Another example of a parol agreement is when two friends agree to split the cost of a vacation, but they do not write down the details of the agreement. If one friend fails to pay their share, the other friend can take legal action to enforce the agreement, but it may be difficult to prove the terms of the agreement without any written evidence.

In summary, a parol agreement is a type of contract that is made orally or through spoken words. It is enforceable by law, but it can be difficult to prove its terms since it is not in writing.

par of exchange | parol arrest

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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