Lo v. First Trust Co. of Hilo, Ltd.

Citations

• 25 Haw. 185
• 1919 Haw. LEXIS 23

Syllabus

<p>Contracts — modification—requisites of modifying agreement.</p> <p>It is competent for tbe parties to a simple contract in writing to modify it or to vary or qualify its terms by oral agreement and thus make it a new one, but tbe new agreement must bave all tbe requisites of a valid or enforceable agreement or it will not be binding. While no particular form is required mere indefinite expressions' cannot constitute a modification.</p>