144: Deemed Misled - Overt and Covert Contracts
Deceptive and misleading conduct always ends badly
In the complex world of human interactions, there is a fascinating phenomenon called overt and covert contracts. These agreements are not always written down, but they are ingrained into our social interactions, affecting our relationships and behavior in ways we may not realize. It's important to understand the impact of these agreements and how they shape our interactions with others.
Human relationships are built on both overt and covert contracts. Overt contracts are agreements that are openly discussed and agreed upon by all parties involved. They form the foundation of many legal, professional, and personal relationships. In a workplace setting, overt contracts are clear and leave no ambiguity. They come in the form of job descriptions and salary agreements. Covert contracts, on the other hand, are unspoken expectations for teamwork, punctuality, and loyalty that shape the office environment. In friendships, overt contracts may involve commitments to be there for each other during times of need. However, when one friend consistently relies on the other without reciprocating, resentment can arise from the covert contract of balanced support. Covert contracts are implicit expectations we have in our relationships that are not voiced but are often formed based on assumptions. They can create a breeding ground for misunderstanding and disappointment. For example, when one partner expects the other to intuitively know when they need emotional support without ever voicing this need, resentment, and conflict can ensue if these expectations are not met.
The consequences of overt and covert contracts are far-reaching. When overt contracts are established and honored, trust and predictability flourish. They provide a sense of security and stability in relationships. Covert contracts, however, can lead to misunderstandings, emotional distress, and a breakdown of trust. The gap between unvoiced expectations and reality can widen until the relationship is strained beyond repair. Recognizing the existence of covert contracts and openly discussing expectations can prevent resentment and frustration from taking root. Creating an atmosphere where both overt and covert contracts align can cultivate healthier relationships.
The concept of being deemed misled is closely related to the topic of overt and covert contracts, as it involves situations where individuals or entities make statements or promises that create expectations but later fail to deliver on those expectations, often leading to legal consequences.
In the context of overt and covert contracts, being deemed misled can occur when there is a disconnect between what is explicitly communicated (overt contracts) and what is implied or expected (covert contracts). This can lead to misunderstandings, broken trust, and even legal issues when parties feel that the terms of the contract, whether explicit or implied, have not been fulfilled.
Let's say there's a business founder who guarantees investors significant profits on their investment. If the founder exaggerates the possible returns and underplays the risk to entice investors (explicit agreement) but ultimately fails to deliver on those commitments (hidden agreement), investors may feel deceived and take legal action for fraudulent misrepresentation.
In essence, the concept of being deemed misled underscores the importance of aligning both overt and covert contracts, as well as the significance of clear and accurate communication to avoid misunderstandings and legal repercussions. It serves as a cautionary reminder that even unspoken expectations can have legal implications when they are not met or when they are deliberately misrepresented.
What are your thoughts on this? Are there any other factors that you would take into account as being misleading? Also, what are your opinions on influencer marketing and social media marketing?