Is a verbal contract regarding equipment rental binding in Ohio?
I entered an agreement with a friend, where I allowed him to rent my p.a. equipment for his side work as a wedding DJ. We had an agreement on the price he would pay, which was later modified to a lesser amount. In the end, he quit paying altogether and I am now getting my equipment back, some of which was damaged under his care.
The agreement was for a piece of his flat rate and he covers the costs of any damage incurred to my equipment. My mixer has a damaged channel, now, and he hasn't paid me in awhile. I don't know how much the repairs would add up to, but the $$ owed is in the $4-5,000 range.
Is this contract legally binding in Ohio (Hamilton county)? Am I able to take legal action against him for the money owed me?