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puneet replied to the topic Written Agreement v/s Verbal Agreement in the forum Consultants and Legal Basics 7 years, 6 months ago
I believe that written contracts are favorable to verbal contracts because of how much easier it is to enforce and defend that contract. With everything written out, anytime a potential issues regarding the contract arises it is far easier to go to a written agreement than it is a verbal agreement. Documentation is highly stressed in the professional world because it gives you a way to defend yourself in the cases where an issue arises and proof of documentation is required to settle the issues. Verbal agreements are far more difficult to defend in this case and require trust between all parties – something that is difficult to count on.