What would be the implications if every transaction had to be an expressed, written contract to be enforceable.

Contracts

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You have now discovered the extent of the role contracts play in our everyday lives. Think of all the contracts in your life. How important is contract law in our society? What would be the implications if every transaction had to be an expressed, written contract to be enforceable. For any transaction to take place, the transaction would have to be expressed in writing. How would that impact your daily life?