02-12-2004, 08:59 AM
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Senior Club Cobra Member
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Join Date: Jul 2002
Cobra Make, Engine:
Posts: 15,712
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Not Ranked
Hand shake, gentlemans aggreement, your "word", these can be a binding contract in the USA as well.
The problem of course is proving it. In the J. Price case it does indeed appear that he has a strong case based on the hand shake and running the plant for a couple of years.
...interesting.
Ernie
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