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Tag: agreements

May 13, 2020May 15, 2020 SMU Lexicon Blog, Current Affairs

What if you didn’t write it down? Verbal promises in business contracts

Business negotiations can be lengthy. In the course of negotiations, parties might make a verbal promise to do or not do something. There might also be emails recording the promise or showing that there were verbal negotiations. But if the promise does not end up in a written contract, can you hold the other party to it?

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