Legal Question in Business Law in New York
Does an email with financial agreement terms between an individual and a company constitute a binding legal contract between the two parties?
Asked on 1/11/12, 9:53 am
2 Answers from Attorneys
Kristen Browde
Browde Law, P.C.
That depends upon the circumstances - it could, but doesn't necessarily.
Answered on 1/11/12, 12:01 pm
Roman Fichman Esq.
Law Practice of Roman Fichman Esq.
It could as it would satisfy some requirements by the concept known as "the statute of frauds." The language of the email and the intent of the parties need to be examined.
Answered on 1/11/12, 12:47 pm
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