A purple complex will be formed with \(Fe^{3+}\) in a neutral solution
Iron(III) Chloride
Alkaline conditions
\[\begin{aligned} C_6H_5OH+(CH_3CO)_2O\Rightarrow CH_3COOC_6H_5+CH_3COOH\\ \text{Phenol}+\text{Ethanoic Anhydride}\Rightarrow \text{Phenyl Ethanoate}+\text{Ethanoic Acid}\\\end{aligned}\]
Phenols will not react with carboxylic acids to produce esters.
There are two ways to esterify salicylic acid.
Gives Aspirin
Esterified with acid anhydride
Fairly soluble
Gives Oil of Wintergreen
Methyl-2-hydroxybenzoate
Esterified with alcohol
Typically methanol