What are the key differences between written and verbal agreements?

What are the key differences between written and verbal agreements?

Written agreements are documented and legally binding, while verbal agreements are often informal and harder to enforce.

Can you give me examples of each type of agreement?

Sure! A written agreement could be a contract for a job, while a verbal agreement might be a promise to help a friend move.

Are verbal agreements ever legally binding?

Yes, verbal agreements can be legally binding, but they are more difficult to prove in court compared to written ones.

What should I include in a written agreement?

A written agreement should include the parties involved, terms of the agreement, payment details, and signatures.

How can I ensure my verbal agreement is enforceable?

To make a verbal agreement more enforceable, follow up with an email summarizing the terms and ask for confirmation.