Which of the following statements is true of oral contracts?​

A) ​They are less formal than written contracts.
B) ​They have the finality of a written contract.
C) ​They don't provide a clear understanding of tasks to be accomplished.
D) ​They don't need to be documented in case records.

Oral Contracts

Agreements made through spoken communication rather than written documentation, yet legally binding in many cases.

Documentation

The process of recording information in a structured and retrievable format, serving various administrative, legal, or informational purposes.

Tasks Accomplished

Completed activities or objectives, often used in the context of work or project management.