What’s in a handshake, anyway?
The confirmation of a verbal agreement. A commitment of action…right?
I’ve been mulling this over since someone committed to buying my car with a handshake last night and backed out this morning.
When push comes to shove, nothing was ever signed and no money was exchanged. Despite all this, it still smarts to have someone make a commitment and go so far as to shake on it in support of this decision, and then back out when it comes time to put your money where your mouth is.
While the handshake has devalued completely from the legal standpoint, I maintain that it’s poor practice to shake on something if you’re not 100% committed.
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