When using legal documentation proposed modifications:
A) Should be documented as soon as possible after a deal is done.
B) Should be clearly stated before a deal.
C) Can be agreed verbally.
D) Are not permissible.

Question

Quizplus · Accepted Answer

Proposed modifications should be clearly stated before a deal in order to ensure that all parties involved are aware of the changes being made and can agree on them before proceeding. It is not recommended to rely on verbal agreements, as they can easily be disputed or forgotten. While it is possible to document modifications after a deal is done, it is much better practice to do so before the deal is finalized to avoid any potential confusion or legal disputes. Modifications that are not agreed upon by all parties involved would not be permissible.

When Using Legal Documentation Proposed Modifications