The Legal Tings Podcast
87. Money Matters: Verbal Agreements vs Written Contracts
What are the risks of not having proper documentation in significant financial transactions? What are the consequences of relying solely on verbal agreements in business transactions? Can I sue over a verbal business agreement?
In this episode, Jonathan delves into a recent case where a businessman suffered a staggering $4 million loss in what initially appeared to be a lucrative opportunity. This serves as a compelling illustration of the critical significance of written documentation in the realm of business transactions.
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What are the risks of not having proper documentation in significant financial transactions? What are the consequences of relying solely on verbal agreements in business transactions? Can I sue over a verbal business agreement?
In this episode, Jonathan delves into a recent case where a businessman suffered a staggering $4 million loss in what initially appeared to be a lucrative opportunity. This serves as a compelling illustration of the critical significance of written documentation in the realm of business transactions.
Legal Tings powered by Tembusu Law (https://www.tembusulaw.com/)
…
Looking for Legal Tings elsewhere?
Youtube - https://www.youtube.com/c/LegalTings
Instagram - https://instagram.com/legaltings
Tiktok - https://www.tiktok.com/legaltings