In Italy, it is expected that oral commitments will be honoured. Signing a contract is a mere formality, reflecting the commitment between business partners.

Name: In Italy, it is expected that oral commitments will be honoured. Signing a contract is a mere formality, reflecting the commitment between business partners.
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This is a difference in attitude between Italy and North Americans. For most North Americans, an agreement is not finalized until it is put in writing.

In Italy, It Is Expected That Oral Commitments Will Be