whether orally or in writing. “Look, guys, I think we can convince our PLO colleagues to accept all your proposals, but first we have to ask ourselves whether we want these commitments to be respected by the PLO as well or to stay in the agreement only as dead letters. I do not think they will be able to comply with your proposed provisions, so we do not think we should try to convince them to include these provisions in the agreement. To make an oral or oral contract compulsory, there are a number of elements that must be included. They are: it is customary for buyers and sellers to perform several rounds of counter-offer before arriving at a contract acceptable to both parties. It can take days. One way to shorten the process is verbal negotiation. While some oral contracts are clearly valid and exist in court, the most reasonable approach in the event of a serious agreement is the use of a formal written contract. The reason for this is that it is much easier to prove what has been agreed when it exists in writing. In short, Peres and his team had no choice but to allow me to fix the DOP, given Rabin`s instructions. They just asked me not to start negotiations with the PLO again from scratch by developing a new DoP project.
Instead, I was asked to fix only what was absolutely necessary to be fixed in the existing project, which I reluctantly accepted – for me, the DOP`s flawed design required much more than just a facelift. Rule 2: It is never advisable to conclude an agreement whose compliance is doubtful, especially with weak parties. If an agreement were to go wrong, for example. B if money has been lent with the oral promise of repayment and the beneficiary has not done so, the case may be taken to court. The lender would then have to prove that the transaction took place and that the beneficiary did not repay the money to legally settle the dispute. Even though oral contracts are sometimes legally binding, you take an unnecessary risk by relying on an oral agreement for everything important. It is always best to be sure and design a duly written contract, signed by all parties agreeing. . . .