I think we need to first understand that both verbal and written agreements are recorded in some manner or the other. So both can be used and defended with. The difference is that verbal agreement usually isn’t as detailed as written agreements. But having a written agreement for everything is time consuming and can be a waste of resources when it comes to petty agreements. So companies must know when and how to utilize both type of agreements wisely. For example, if a company is selling a product, through a sales representative, it is usually better to use a verbal contract. It is more convincing, time efficient, and a better marketing strategy. When we call agents to help us book events or hotels, all the calls are recorded and there is usually a verbal contract that we make: the agent reserves a spot and we give our credit card information to prove our liability. For these cases, written agreements would be way too time consuming as it would require the sending in of emails or mails with the contract, it being signed, and then returned. In other cases where the contract is large, and would require heavy legal actions if the agreement is failed is keep, like the partnering of two companies, then the company would want to have a written contract with as much detail written down as possible to defend itself when things go wrong. So I think both types of agreements are beneficial if used wisely.