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Yes, a verbal agreement can be legally binding, but it depends on the circumstances and the nature of the agreement. In many cases, verbal agreements are enforceable, as long as they meet the basic elements of a contract: offer, acceptance, intention to create legal relations, and consideration (something of value exchanged). However, proving the terms of a verbal agreement can be difficult if there's no written record. Additionally, certain types of agreements, like those involving the sale of land or long-term contracts, must be in writing to be legally valid in some jurisdictions. It's always best to have important agreements in writing for clarity and protection.