Which of the following statements is true about written contracts?

Written contracts serve as legal proof of the agreement because they provide a tangible and verifiable record of the terms and conditions that all parties have consented to. This written documentation helps to clarify the obligations, rights, and responsibilities of each party involved in the contract, reducing the chances of misunderstandings or disagreements in the future.

When disputes arise, a written contract can be presented in court as evidence of what was agreed upon, significantly impacting the resolution process. Moreover, having a written contract is essential in many legal systems because it demonstrates that the parties intended to create a binding agreement, thereby supporting enforceability under the law.

In contrast, dismissing a written contract during verbal negotiations would undermine its validity, insisting that verbal agreements typically lack the same level of legal standing. Likewise, verbal agreements alone, even if all parties agree, are often harder to prove when conflicts come up. Additionally, while certain types of contracts might require witnesses to be legally binding, not all contracts necessitate this requirement, making the claim that they must include witnesses to be valid inaccurate in a general context.