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Infolawyer, Attorney
Category: Business Law
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Contract Law question can an oral agreement regarding the

Resolved Question:

Contract Law question: can an oral agreement regarding the capping (fixed fee) of a percentage fee in a prior, written agreement be completely negated by a) fraud: concealment of a material fact? or b) by arguing undue influence and/or duress? or any better way to approach breach of contract such as this?
Submitted: 8 years ago.
Category: Business Law
Expert:  Infolawyer replied 8 years ago.
A written agreement can only be modified in writing so an oral change would not be binding.

Undue influence or duress would be possible if there is evidence of it such as witnesses. The mere allegation often raised is not sufficient.
Infolawyer and 4 other Business Law Specialists are ready to help you
Customer: replied 8 years ago.
That is great news. Thanks for the information.