Verbal commitment or written document!! How would you do while making a deal?

@aliasad (1567)
Pakistan
April 24, 2007 8:57am CST
We see so many people who are doing a lot of commitments either business or personal, verbally. It is due to the trust one vest upon other. I believe that one must be "Man of words". But if something like a deal is being done, it should be in Black & White. sometimes we see that certain people just ignore their own commitments due to one reason or the other. What is good for you, a verbal or written? Why you opt your choice?
7 people like this
26 responses
• United States
24 Apr 07
From experience I learned it's always best to have everything in writing. That way somewhere down the line no one can deny something that was agreed on or that you didn't pay, etc. Always have proof no matter what.
@gberlin (3836)
24 Apr 07
Always a written document! That way each party knows what they have agreed upon and if there is a dispute later on then it is easy for a judge to know the agreement by the written document.
@tater03 (1765)
• United States
24 Apr 07
I have to say it would be written. I wish that it could be just verbal but anymore you just don't know who you can and cannot trust. So in the end it is just better to have something in writing.
2 people like this
@soccermom (3200)
• United States
24 Apr 07
There is a saying that goes something like "A verbal agreement is only as good as the paper it's written on." I think it's a good saying to listen to. As an insurance producer, I can verbally bind coverage, and ethically I have to abide by my words. However I try not to do anything verbally, I prefer to have a paper trail for everything, that way nobody can come back and say there was any misunderstanding.
2 people like this
@easy888 (10405)
• Australia
24 Apr 07
signing contract - signing contract in business transaction
Hello,aliasad,i think if you are having business agreement, it is much better to have written agreement even verbal one is legally binding, but the problem is if something went wrong, you will not have the proof of the agreement and you will be in an unfavorable position, if you have a written contract, both parties will be protected and there will be no need for dispute as everything is in black and white. I will do verbal commitement to my good friends because I trust them, I will not have any written contract since I am not in any of business transactions.
@aliasad (1567)
• Pakistan
26 Apr 07
Yes, Easy! A written proof is good if the same case would go for litigation. Whatever is verbal, it doesn't have a proof of existence. Thanks and sorry for a bit delay.
• India
24 Apr 07
The option whether the deal has to be done verbally or black & white depends on the type and intensity of the commitment or deal. If it is a business deal I would do in Black & White. If it is a personal commitment it is based on mutual trust so it is enough to do it verbally depending on it's intensity.Marriage is a personal commitment of greater importance so it has to be registered and can't be done verbally,so as to prevent any sort of cheating later.
1 person likes this
24 Apr 07
I was born, I live and I'll die in an east europen country. Although I'm sure you just "guess" my opinion, I tell you : I'm convinced that SHEET is HOLLY !...And not just because of my education ! It's human to forget, and "the men of words" are human beings, too ! A written promise has a greater impact, for both of sides ! And it's harder to forget (and easier to remember, isn't it ?!). Of course, sometimes, in some cases and circumstances,is hard to ask for written sheets ! For example, when I was young, I couldn't understand how is possible, in the top of love, before the wedding day that two lovers sign a...premarital contract ! (in fact, in my country isn't yet this kind of custom !). So, I think is better to write (legally or mutually)almost any important deal !
1 person likes this
@Stiletto (4584)
24 Apr 07
Anything important and I get it in writing - particularly where business is concerned. I just think it helps to avoid misunderstandings if it's written down in black and white. Relying on verbal agreements is too risky for me and too difficult to prove as well if it should all go wrong. At least if it's written down and signed then there's no doubt what people have agreed to do.
1 person likes this
• United States
24 Apr 07
I my opinion I would rather have something in black and white if I am making any type of agreement with someone. " A mans word" is not always a mans word. Legally it is in your best interest to have something in black and white. So when and if someone goes back on their promise you have documentation of the promise which holds up better in court. When its just a verbal agreement between two people it turns into he said she said thing which is BS within itself and nothing but a big headache.
1 person likes this
@KissThis (3006)
• United States
24 Apr 07
I want every deal I make to be written on white paper with black ink.There use to be a time when you could trust people to be as good as their words but those days have long since been a thing of the past. I have burned once or twice because I have misplaced my trust in people. Now I always insist that everything get put into writing.
1 person likes this
24 Apr 07
I prefer to have an agreement in writing but it is not always possible. Our drive got marked recently when our neighbours were having theirs paved. The contractor said he would return on Monday/Tuesday to wash it off. He has not been back yet after several weeks but I suppose he did not say which Monday/Tuesday it would be. We have to trust verbal agreements on the internet though and there is no reason not to still believe someone until proven wrong.
1 person likes this
24 Apr 07
I would never, ever, trust a verbal agreement hun. Words can be ignored or twisted if spoken, only the written word can be held up in a Court of Law. Shaking hands is one thing, but any deals should be on paper.
1 person likes this
@sigma77 (5385)
• United States
24 Apr 07
A written agreement is always required if the deal is important. It is to easy to go back on a verbal agreement. If it is in writing, there can be no mistakes or complaints later. It is practical to get it down on paper, not so much that you don't trust the other person.
1 person likes this
@youdontsay (3503)
• United States
24 Apr 07
I guess it depends a lot on the people and the situation. When you are making a personal commitment and you are known to be "a man of his word" then you can be trusted to do what you say you will do. For instance, if I agree to coordinate a fund-raising event for an organization I'm involved with, you can be sure I will do it. But, if it involves money or professional service, it is better to have it in writing. Or if it is something that isn't immediate but in the future, it is better written so that it can be remembered and followed up on. For me it isn't so much a lack of trust as it is being sure there will be someone held accountable for completing the deal. When you make the deal with one person and the completion of the deal involves others, it is harder to be sure there will be follow up. With a written contract you can demand the attention promised. But even with family, sometimes it is better to have it written so that you have something to come back to if there is confusion or failure to comply. It is one of those areas of life that isn't always as simple as we'd like.
@massageeh (966)
• Taiwan
24 Apr 07
It would depend on who your making a commitment with. If it was a boss or business partner, definately a written commitment. Trust me, anything dealing with money, you want it down in writing. Especially with family and close friends. I have seen many relationships fail because of a handshake in a business deal.
1 person likes this
• United States
26 Apr 07
i learned the hard way,dealing with a now ex-friend.always,always get it in writing.verbal won't stand up in some courts.
@aliasad (1567)
• Pakistan
27 Apr 07
Yes, no matter how old or intimate friends... an active advice goes for Black&White otherwise there are dozens of examples that people lost their dear ones for the sake of disputes based upon the verbal deals.
• Philippines
25 Apr 07
discussions should always be in black and white, no matter who the person who are dealing with. it is best to discuss things and write it down to be amended by the signatures of both parties involved. this would benefit both parties because you can use it whenever a problem may occur. you can also use this to verify certain parts of the talk and written agreements are more accepted by the court.
@Augustta (1860)
• Poland
25 Apr 07
written document!this is my advice always. i am sure is a lot honest people around but in serious question ,where some people can change their mind in time,the best is to have a written document! augusta
@JhoeAnne (57)
• Philippines
25 Apr 07
i think any deal or transaction should be written in black and white. especially when the deal is something big or important. and most especially when you can't trust the person you're dealing with. better be safe..
• Philippines
25 Apr 07
A written agreement or deal printed in "black-and-white" is always the best especially in business. It's not a sign of mistrust but more of an assurance and something to go back to and refer if ever any problem arises. Besides, if ever you go to court, only written agreements would be considered as substantial evidence and not verbal agreements. So, definitely, when doing business, written agreement is the only option.