Subscribe to Entrepreneur for $5
Subscribe

The Ethics Coach on Verbal Agreements, Ghostwriting and More

By
This story appears in the October 2013 issue of Entrepreneur. Subscribe »
Do you have an ethical dilemma?

Write to The Ethics Coach at ethics@entrepreneur.com.

Q: When you close a deal verbally, shake on it and confirm the conversation by e-mail, are both parties legally, morally and/or ethically bound to it? What is one's word worth?

Shutterstock

Continue reading this article -- and everything on Entrepreneur!

Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5!

3 months free with code ZENDESK

Presented by zendesk

3 months free with code ZENDESK