Answer:
Many verbal agreements are in fact enforceable. Ohio’s laws carve out certain transactions that require a written contract, including transactions involving an interest in land, contracts that are not to be performed within one year of the making of the contract, and claims against doctors for a medical prognosis.
In addition, where parties agree that the final embodiment of their agreement will be reduced to a signed writing, they are typically precluded from claiming that interim discussions and communications constitute a binding agreement.