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All business organizations, including Limited Liability Companies (LLC), taxed as a partnership federally must file Form NH-1065 return provided they have conducted business activity in New Hampshire and their gross business income from everywhere is in excess of $92,000.
It's harder to prove what exactly the contract terms were if they are not in writing. However, it's not necessary to have the contract in writing in order for it to be legally enforceable. Mutual assent can be expressed by spoken words, gestures, or may be inferred from the context of the situation.
To be valid, an oral contract must contain all of the following elements, which are required in any other type of contract: Offer. The offer is the promise to do something?or to not do something?in exchange for what the other party is providing. Acceptance. ... Consideration. ... Meeting of the minds. ... Legally enforceable.
Put simply: yes. From a legal standpoint, verbal contracts can be just as valid as written contracts. There are, of course, nuances and exceptions, and a verbal contract may be much more difficult to enforce in court should something go wrong.
The Landowner Liability Law (RSA 5) and Duty of Care Law (RSA 2) protect landowners from liability when someone gets hurt on their property. If someone uses your land for outdoor recreational activities and they get hurt on your property, you assume no responsibility or incur no liability.
In NH, a verbal contract IS a valid and enforceable contract. It's much harder to prove in court what was said and what the terms were.
Intentional Infliction of Emotional Distress (?IIED?) The elements of intentional infliction of emotional distress are: (1) by extreme and outrageous conduct, (2) intentionally or recklessly cause[d] severe emotional distress to another. (3) serious mental and emotional harm accompanied by objective physical symptoms.
When one or both parties act on the contract, this too can be construed as evidence that a contract existed. Furthermore, letters, memos, bills, receipts, emails, and faxes can all be used as evidence to support the enforceability of an oral contract.