Re: Why chat please help
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Posted by Parry
(67.5.188.69) on February 06, 2004 at 19:27:51:
In Reply to: Re: Why chat please help posted by Why Chat on February 06, 2004 at 19:14:48:
Quote:
"The issue of "written" or "open" has almost NOTHING to do with the physical writing or signing, it has to do with the FORM of the contract. A written contract MUST have specific terms that CANNOT be changed, interest rate and time(years) of the contract and payment schedule-- THAT is what makes it "closed-ended" and therefore a contract in writing as specified in each State's Statute Of Frauds."
That is not true in all states. One size fits all is bad advice.
It is not true in Washington state. RCW 4.16.040
Actions limited to six years. The following actions shall be commenced within six years: (1) An action upon a contract in writing, or "liability express or implied arising out of a written agreement."
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