'Get it in writing'

Fri, Aug 27th 2010, 08:00 PM

By INDERIA SAUNDERS
Guardian Business Reporter
inderia@nasguard.com
A recent Supreme Court judgement on a case involving an$8,000 verbal business agreement is emphasizing the importance of having written agreements for any business deals, said the head of the Bahamas Business Association.
"These days people don't honor verbal agreements anymore,"Marvin Smith told Guardianâ Business."Generally speaking, any agreement between a company and someone providing goods and services, there should be something in writing.
"Any agreement between any party has to have some documentation to substantiate what they're saying, otherwise you are left high and dry[and]who know ...

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