You are misunderstanding the concept.
It isn’t “going overboard”. it is a matter of whether you stick to your agreements. If you “change your mind” it means you cannot be relied upon.
If I agree to something verbally, my word is my bond. But if the other party finds a problem with the agreement, they can ask me to be relieved of the obligation without penalty.
The concept came out of stock and bond transactions done face to face. If I said, “I will pay $XXX for the September bond”, and you agree to the price, our word is our bond, our guarantee that we will exchange money for the bond. If I come back later and say, “I was supposed to buy the October, not the September” you may let me out of the deal if you choose. But your agreement to the original does not mean I also hold you to that original agreement.