A verb phrase consists of a main verb combined with a helping verb, also known as an auxiliary verb. Some examples of verb phrases include "was preparing", "could speak", "may have been sleeping", and "must pay" which all contain a helping verb and main verb. A verb phrase is a group of words that together function as the verb, usually containing both a helping verb and main action verb like "are chasing" while a single verb like "chase" is not itself a verb phrase.