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Why putting verbal agreements in writing can avoid disputes
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If you have a lot of money at stake, you should have agreements in writing, because failing to prove your case could mean a total loss.
PHOTO ILLUSTRATION: UNSPLASH
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When it comes to money, a “gentleman’s agreement” struck verbally often proves to be problematic when civility goes out of the window in a dispute.
The aggrieved parties often face a huge obstacle in proving the existence of such an agreement because the contest will often boil down to who can tell the more convincing story.
