Handshake on Shaky Ground
by Hayley McLean – solicitor Edmonds Judd
Farming is an industry that traditionally has relied on (dare I say it ladies) a man’s word. A world where a man’s word was as good as his bond and with a shake of the hand the deal was done. Over time this ethos has changed. You may blame technology, the concept of business, the dreaded “Recession” or a lack of discipline; however the issue remains that financial markets have seen a major influx of debtors on the books and creditors are finding that handshake harder to rely on. Especially when it comes to having such verbal or oral agreements tested through our court system, a system that functions on the written word…..