Episode 115: Covert contracts - podcast episode cover

Episode 115: Covert contracts

Mar 21, 20224 minEp. 117
--:--
--:--
Download Metacast podcast app
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

As its name suggests, a covert contract is a quid pro quo agreement that is not disclosed to the other party. At first blush, it seems absurd that anyone would engage in this practice. After all, if you don't explicitly negotiate terms, how can you reasonably expect to get what you hope to receive from the transaction? However, people engage in covert contracts in their personal and professional relationships, every day of their lives. In this episode, I'll discuss what that might look like, and what you can do about it.

For the best experience, listen in Metacast app for iOS or Android