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Is a verbal contract binding?

A verbal contract constitutes a contract and it is binding. However, we always recommend that a verbal contract is put in writing to ensure the full content of the agreement. This applies to any and all agreements, even those that seem very simple. Should, at a later stage, there then be any dispute regarding what was agreed upon you can hold the other party to the agreement by means of the written contract and refute any other evidence that does not accord with the contract.

By |2018-08-14T23:31:21+00:00August 14th, 2018|