What the Statute of Frauds is consists of a legal doctrine whose creation is to prevent fraudulent claims. Further, it ensures the enforceability of certain types of contracts. In Oklahoma, the Statute of Frauds requires that certain agreements be in writing and signed by the party to be enforceable. This requirement helps provide clear evidence of the terms and existence…
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What Is An Arbitration Clause in Oklahoma Contracts?
An arbitration clause is an agreement that any disputes will be settled by an arbitrator, who is a lot like a judge, in an arbitration hearing, which is like a court case. Arbitration clauses in Oklahoma contracts are very common with differing language regarding enforceability. Parties can use this kind of contract clause to settle most any type dispute that…