What constitutes a contract?

A contract can be expressed, which means in writing, it can implied as a matter of law in certain circumstances, or can be verbal, meaning an oral contract. It’s most important for you to have a written contract, so that there is no misunderstanding as to the terms. We always hear the expression, that an old contract is only as good as the paper it’s written on, and that’s important, because if there’s a claimed breach, you’re going to end up with a he said, she said situation. It’s important to have an attorney review the contract, or graph the contract for you, so that all the important terms are included in the contract.