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This means that someone has entered into an agreement with someone else (shaken hands on) to exchange some goods or provide a service for some fixed amount of money. In some countries a verbal agreement (provided it can be proved) is legally binding while in other countries it can not be legally enforced (although there is a moral obligation to keep your word). It is always very important to be clear what you are and are not agreeing to.

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Q: What is verbally agreed?
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Related questions

What does mean sales agreed?

it means: sale agreed subject to contract - as in the sale of a property where the sale has been verbally agreed and simply awaits the formal signing and exchange of the legal contracts


What does sale agreed stc mean?

it means: sale agreed subject to contract - as in the sale of a property where the sale has been verbally agreed and simply awaits the formal signing and exchange of the legal contracts


What is difference between contract and commitment?

A contract is usually something that is signed and dated and legally binding. A commitment is just something that you have verbally agreed to do.


Can a lender change the amount they agreed that you owed on a repossessed vehicle the next day and be verbally abusive?

I guess the lender could make a mistake on the amount and have to correct themelves. Verbally abuse you?? NOT. Call a local attorney for state specific advise.


What is verbal agreement?

An verbal agreement is something two or more parties have agreed to do, agreed not to do or an arrangement made verbally and not in writing. In some jurisdictions a verbal agreement can be binding if there are truthworthy witesses to it, in other jurisdictions it may not be binding.


How do you spell verbally?

Verbally is spelled v-e-r-b-a-l-l-y.


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Yes "verbally can be used in a sentence"