There is a difference between a contract and an agreement. An agreement simply refers to parties agreeing to do an action while a contract includes the agreement but is legally binding and can be part of a law suit. With this, there is a great difference between a verbal contract and a written contract. An oral contract is an agreement at which two or more parties have agreed to different conditions. However, this would be difficult to prove and such during a law suit without a proper witness. On the other hand, a written contract is an agreement at which the points and conditions of the agreement are written on paper and can be used as evidence. I think it’s common sense that written contracts are much better for documentation purposes. We’ve talked so much about the different types of documents and it’s pretty obvious that the more responsible thing to do is have a written contract. It is also important to avoid miscommunication and by having a written contract, this can be avoided.