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Verbal Contracts — Useful or Dangerous?

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(@atmeh-njit)
Posts: 47
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The slides emphasized that verbal contracts can technically be valid, but most commercial agreements in our field must be written due to complexity and legal risk.

Still, early partnerships and collaborations often start with verbal commitments.

Do you think verbal agreements have any place in the medical device industry, or should everything—no matter how small—be in writing from the start? I guess written contracts are safer! 

Please share your opinion. Thank you! 


 
Posted : 26/11/2025 12:33 pm
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