The Legal and Social Implications of Oral Promises, Handshakes and Agreements on Social Media

“An oral contract is worth only as much as the paper it’s written on.”

While the lawyer in me believes the above is true, social media and live streaming are changing everything when it comes to connecting and doing business with each other. Trust, reputation and perceived abilities are the new social currency.

For this reason and regardless of whether or not an agreement or promise is in writing, I think we should all treat oral promises, handshakes and agreements as gold. Whether they are in writing or not, they should be honored.

Click here or on the image below to find out why I feel this way, and why you should too!

Mitch Jackson Periscope Sunrise

Author: StreamingLawyer

Live streaming law and life

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s