In Missouri, verbal agreements are legally binding contracts. However, they can be difficult to enforce in court as they lack the evidence that a written contract provides.

Verbal agreements are often used in informal situations such as between friends or family members, or in business dealings where time or convenience may be an issue. However, it is important to ensure that the terms of the agreement are clearly stated and agreed upon by all parties involved.

When entering into a verbal agreement, it is important to keep in mind that each party must receive some form of consideration, or something of value in exchange for their agreement. This can include money, property, services, or even a promise to perform an action.

To help protect your interests in a verbal agreement, it is recommended to follow these steps:

1. Clearly state the terms of the agreement and make sure all parties understand and agree to them.

2. Put the terms of the agreement in writing as soon as possible, even if it is just a brief summary of the key points.

3. Keep any documentation or evidence of the agreement, such as emails, text messages or witness statements.

4. Be mindful of any deadlines or specific dates outlined in the agreement.

5. In the event of a dispute, seek legal advice to determine the strength of your case.

In summary, while verbal agreements are legally binding in Missouri, it is always best to have a written contract to provide a clear understanding of the terms of the agreement. If a verbal agreement is necessary, it is important to ensure that all parties understand the terms and that there is some form of consideration provided to each party. By following these steps, you can help protect yourself in the event of a dispute.