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Oct 3, 2023 · A contract may be unenforceable if it lacks certain key elements. For example, under Ohio law, a contract that provides for the sale of real estate must be in writing. If your contract for the sale of your house is based on a verbal promise and a handshake, then it is unlikely to be enforceable. Some of the key ways a contract can be ...
In Ohio (and most other jurisdictions), promissory estoppel is the exception to the general rule of contract enforceability; namely, a “quasi-contractual concept where a court in equity seeks to prevent injustice by effectively creating a contract where none existed.” Stickler v. Keycorp, 8th Dist. No. 80727, 2003-Ohio-283, at ¶ 18.
Section 1302.15. |. Unconscionable contract or clause - UCC 2-302. (A) If the court as a matter of law finds the contract or any clause of the contract to have been unconscionable at the time it was made the court may refuse to enforce the contract or it may enforce the remainder of the contract without the unconscionable clause, or it may so ...
- Statute of frauds Requires Writing
- Exceptions to Writing Requirement
- An Ohio Business Law Attorney Can Help You Get The Benefit of Your Bargain
The Statute of Frauds applies to contracts for the sale of goods when the price has been set at $500 or more. The most basic requirement for enforcement of such a contract is that there is some writing indicating that the contract has been made. This does not mean that the contract itself has to be in writing; rather, it just means that at a minimu...
There are a few exceptions to the Statute of Frauds for contacts involving a sale of goods. For example, a writing may not be required for enforceability of a contract if the goods are custom-made specifically for the buyer and cannot be sold to another in the normal conduct of the seller’s business, the seller has already begun manufacture before ...
In business, you expect to be able to rely on agreements made with other parties. If another individual or organization reneged on a promise and you were put in a poorer position as a result, you may be able to take legal action. To learn more about the Statute of Frauds and to discuss remedies for breach of contract, get in touch with an Ohio busi...
Mar 1, 2005 · 1. The inclusion of a hold harmless or indemnification clause in a contract to which the Treasurer of State is a party and that imposes a financial obligation upon the Treasurer of State or the State of Ohio for the benefit of another party to the contract must comply with the state debt and appropriation provi sions of Ohio Const. art.
Jul 8, 2016 · Yes. Ohio law does not prevent employers from making noncompetes a mandatory condition of employment or continued employment. Exceptions may exist, however, for employees who are already covered by individual employment agreements or union contracts. For "at-will" employees who can quit or be discharged at any time for any reason, companies ...
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Aug 12, 2022 · See, e.g., InVentiv Health Communs., Inc. v. Rodden, 2018-Ohio-845, 108 N.E.3d 605 (5th Dist.) (finding forum selection and choice of law clauses unenforceable even though the substantive law of Ohio would not violate the substantive law of North Carolina, which state had a greater interest, where the court determined that the employer overreached or took advantage of the employee in requiring ...
