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How to negotiate Salary · True or False

Is it true that you should accept Company B's offer immediately if Company A makes a verbal promise?

False. Verbal promises are not binding. Wait until you have the signed written contract.

A verbal promise is legally meaningless; declining a written offer for a verbal one exposes you to the risk of having nothing if the verbal promise falls through.

Burning bridges with Company B based on Company A's verbal assurance, then scrambling when Company A's offer changes or disappears.

This scenario is one of 500 in the Skillful How to negotiate Salary track. Each card states a situation, you decide true or false, and the explanation follows immediately.

Answer
False
Track
How to negotiate Salary
Topics
risk-management, offer-evaluation

Also asked as

Should you decline other offers based on a verbal promise from another company? Why signed contracts matter before declining alternatives? How to protect yourself when choosing between verbal and written offers?

The scenario in full

You should accept Company B's offer immediately if Company A makes a verbal promise.

Frequently asked questions

Is it true that you should accept Company B's offer immediately if Company A makes a verbal promise?

False. Verbal promises are not binding. Wait until you have the signed written contract.

Should you decline other offers based on a verbal promise from another company?

False. Verbal promises are not binding. Wait until you have the signed written contract. A verbal promise is legally meaningless; declining a written offer for a verbal one exposes you to the risk of having nothing if the verbal promise falls through.

Why signed contracts matter before declining alternatives?

False. Verbal promises are not binding. Wait until you have the signed written contract. A verbal promise is legally meaningless; declining a written offer for a verbal one exposes you to the risk of having nothing if the verbal promise falls through.

How to protect yourself when choosing between verbal and written offers?

False. Verbal promises are not binding. Wait until you have the signed written contract. A verbal promise is legally meaningless; declining a written offer for a verbal one exposes you to the risk of having nothing if the verbal promise falls through.

Where does this how to negotiate salary question come from?

It is one of 500 scenarios in the Skillful How to negotiate Salary track. Each card states a realistic situation, you decide true or false, and the explanation follows immediately.

How do I practise more questions like this?

Start the How to negotiate Salary quiz. It runs about two minutes per session, the first 150 questions are free across every category, and your progress saves automatically.