By Your Agreement

By Your Agreement: Understanding the Importance of Verbal Consent in Business

In today`s fast-paced world, it is common to rely on electronic communication to conduct business transactions. From emails to text messages, we communicate with colleagues and clients frequently without ever speaking to them face-to-face. While electronic communication is efficient and convenient, it is important to remember that verbal communication is still an essential part of conducting business. In particular, the concept of “by your agreement” emphasizes the importance of obtaining verbal consent in business dealings.

What is “By Your Agreement”?

By Your Agreement is a phrase that is commonly used in legal contexts to refer to verbal agreements. Essentially, it is an affirmation that two parties have come to an agreement verbally. This phrase serves as a reminder that while written agreements are important, verbal agreements are just as valid in the eyes of the law.

Why is Verbal Consent Important?

In the age of electronic communication, it is easy to overlook the importance of verbal communication. However, verbal consent is crucial in establishing trust and building relationships in business. When conducting business transactions, verbal consent serves as proof that both parties are on the same page. Without verbal consent, it can be difficult to establish what was agreed upon and what obligations each party has.

In addition, verbal consent helps to ensure that both parties are fully aware of what they are agreeing to. When discussing terms over the phone or in person, both parties have the opportunity to ask questions and clarify any ambiguities. This can prevent misunderstandings and disputes down the road.

How to Obtain Verbal Consent

Obtaining verbal consent may seem simple, but it is important to approach the process with care. The following tips can help ensure that you obtain clear, valid consent during business transactions:

1. Clearly state the terms: Before obtaining verbal consent, make sure that both parties fully understand the terms of the agreement. This may require some discussion and clarification.

2. Use clear language: Avoid using technical language or jargon that may be confusing to the other party. Use clear, simple language that is easy to understand.

3. Ask for confirmation: Once you have explained the terms, ask the other party to confirm that they understand and agree to them. This can be as simple as saying, “Do you agree to these terms?”

4. Document the agreement: While verbal agreements are valid, it is still a good idea to document the terms in writing. This can help prevent misunderstandings and disputes down the road.

Conclusion

In today`s fast-paced world, it is easy to overlook the importance of verbal communication in business. However, the concept of “by your agreement” reminds us that verbal consent is still a crucial part of conducting business transactions. By following the tips outlined above, you can ensure that you obtain valid, clear verbal consent during business dealings. By doing so, you can establish trust and build relationships with clients and colleagues alike.