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How to make a ‘gentleman’s agreement’ work for you

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For a verbal deal to be binding, you must show that an offer has been made and that you have accepted it by giving something in return.

PHOTO: PIXABAY

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A “gentleman’s agreement” is one of those feel-good traditions we like to hold dear, but it is worth remembering that such deals do not hold water.

Verbal arrangements between two parties are by nature informal and usually based on trust; there is nothing binding on anyone.

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