Quite often I hear the opinion of people that any contract in Germany is valid only if it was concluded in writing. In fact, this opinion is wrong.

     In general, contracts in Germany are legally binding even if they are concluded orally. In everyday life, we often conclude contracts of sale without comprehending it. A typical example of this is a bakery trip. The buyer comes to the seller, gives money for a bun. In response, the seller accepts the money and gives the bun to the buyer. In this example, a sales transaction took place. (more…)