The verbal law of PA contracts assumes that there is an offer, an acceptance, some value that is negotiated and certain conditions that are reasonable.3 min Read The value is agreed to be indicated in exchange for the conditions indicated in the offer. In most cases, it can be a product or service for money, but oral contracts can include transactions or exchanges of products or services. Everything that is done must be reasonable and both parties must have something to do (unilateral contracts are not applicable, since only one party is liable). For example, the promise of a gift is usually unenforceable. As a rule, a contract applies, orally or in writing. Even if a contract does not need to be written to be valid and enforceable, I recommend establishing a written agreement between the parties that outlines the rights and obligations of any person or organization. Treaties are meant to protect and serve both sides and hopefully, if written and signed, conflicts over the subject matter of the agreement will be avoided in the future. A breach of the oral contract may occur if there is an agreement between two parties, but one party does not comply with the agreed terms….