Understanding Gentlemen’s Agreements: Key Items for Building Trust

Description

This Skill Bit talks about Gentlemen’s agreements, which are informal, non-binding arrangements that rely on trust. They lack legal enforceability, clarity, and protection. Misunderstandings, non-compliance, and lack of documentation are common pitfalls. Formalizing agreements in writing is highly recommended.

Duration approx. 4 Min.

Tier: basics