When discussing the purchase of an existing business, it is not necessary to get verbal understandings in writing from the seller.

Name: When discussing the purchase of an existing business, it is not necessary to get verbal understandings in writing from the seller.
Brand: Quizplus
Rating: 4.8 (31 reviews)

Question

Quizplus · Accepted Answer

Verbal understandings should always be documented in writing to ensure clarity, enforceability, and to prevent misunderstandings or disputes in the future.

When Discussing the Purchase of an Existing Business, It Is