Contract Genie Inc

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1. What is a Verbal Contract? 2. How do I make a Verbal Contract? 3. How do I playback a previously recorded Verbal Contract? 4. How much does it cost to make/playback a Verbal Contract? 5. What type of companies use Verbal Contracts 6. How long is a typical Verbal Contract? 7. Can Contract Genie help us word an appropriate Verbal Contract? 8. Are Verbal Contracts legally necessary? 9. Can Verbal Contracts increase my sales? 10. Can Verbal Contracts decrease my chargebacks? 11. Can Verbal Contracts keep me out of jail? 12. Does Contract Genie listen to my Verbal Contracts? 13. How long does Contract Genie store my Verbal Contracts? 14. Can I get a copy of my Verbal Contracts? 15. Why are your Verbal Contracts better than using a Tape Recorder? 16. Why don't you charge more? 17. What if I do not have three-way calling on my phone system? 1.What is a Verbal Contract? A Verbal Contract is a digitally recorded agreement between two or more people. This agreement is digitally recorded on computer equipment so that the parties to the agreement have a permanent, exact copy of their agreement. Each Verbal Contract has a unique serial number, and a time & date stamp. Top of page 2. How do I make a Verbal Contract? It is easy to make a Verbal Contract by dialing The Contract Genie phone number from any touch-tone phone in the world 24 hours a day. Then you conference in the party(s) that you want to include in your agreement, and start talking. That's all there is to it!The equipment records your conversation for up to 7 minutes, and then tells you the Verbal Contract's unique serial number. Top of page 3. How do I play back a previously recorded Verbal Contract? You can play back any Verbal Contract that your account recorded from any touch-tone phone in the world. Just dial the Contract Genie phone number, enter your account number and password, and the Verbal Contract number. Your Verbal Contract will then play back, as will the time and date it was recorded. Top of page 4. How much does it cost to make/playback a Verbal Contract? The cost is just $.50 per Verbal Contract. This small cost includes unlimited playback. Top of page 5. What type of companies use Verbal Contracts? More and more companies are using Verbal Contracts. Some examples are: Telemarketers that record credit card or check draft authorizations with their customers, newspapers that record advertising contracts with their customers, a bank that records their Visa/MasterCard applications with consumers, a travel agency that records their travel package payment agreements with their clients, a long distance company that records their customers authorization to have their long distance carrier switched, magazine subscription sellers that record their subscribers agreement to pay for their subscriptions, etc, etc, etc. For only $.50 a verbal contract is a small price to pay for increased sales and decreased misunderstandings. Top of page 6. How long is a typical Verbal Contract? Some Verbal Contracts for a simple transaction are less than a minute in length. If there are a lot of disclosures and items that are legally necessary to have included (such as in a credit card application) the typical length is more like 3 to 5 minutes, but you have up to 7 minutes. You decide what items are included in the verbal contract. Top of page 7. Can Contract Genie help us word an appropriate Verbal Contract? We are not attorneys and do not attempt to give legal advice. If you need legal advice, we suggest you contact a licensed attorney. In general, common sense and clear wording can make your Verbal Contract accomplish it's twin purposes of increasing your profits and decreasing misunderstandings. There are other instances where your bank, credit card processor, long distance carrier or other supplier may want to dictate your Verbal Contract's wording to you. Top of page 8. Are Verbal Contracts legally necessary? In some cases they are legally necessary. If you are going to take a check over the phone with no signature, new FTC regulations specify that you most have a "verifiable approval". If you are going to switch a customers long distance carrier from one company to another, most companies contracts require that you have a verifiable approval of some type.In other cases Verbal Contracts are not legally necessary, but they are economically necessary. If you are setting up accounts for a Bank, a credit card company, a travel package etc, and the parent institution requires a written signature or recorded Verbal Contract, it is often prohibitively expensive to get a written signature. Top of page 9. Can Verbal Contracts increase my sales?

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