Which of the following is true regarding the consummation of a deal?

Question

Options

• Averbal agreements are considered binding
• Bwritten confirmations always override terms verbally agreed to
• Cdeals agreed to verbally can be done subject to documentation
• Dverbal agreements are never to be considered legally binding

• A
  14% (6)
• B
  7% (3)
• C
  74% (31)
• D
  5% (2)

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