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Franchise termination documents can include two sets of documents; threat of Frivolous litigation, and a Legal release document.. The frivolous litigation threat can include claims of unpaid royalties, such as computer license fees, and unpaid future royalties and fees, which were not specified, or agreed to, in the original franchise agreement.
Unforeseeable business circumstances: When the closing or mass layoff is caused by business circumstances that were not reasonably foreseeable at the time that the 60-day notice would have been required (i.e., a business circumstance caused by some sudden, dramatic, and unexpected action or condition beyond the employer's control, such as ...
Closure may be the result of a bankruptcy, where the organization lacks sufficient funds to continue operations, as a result of the proprietor of the business dying, as a result of a business being purchased by another organization (or a competitor) and shut down as superfluous, or because it is the non-surviving entity in a corporate merger.
Badcock Home Furniture & More, a retail chain with more than 300 stores in its portfolio, is closing all of its doors. This comes seven months after it was acquired by Conn's HomePlus, which has ...
It also creates a number of exemptions to the six-month notice requirement. If a store is closing because of a natural disaster or business circumstances that aren't "reasonably foreseeable," it ...
A less severe form of involuntary termination is often referred to as a layoff (also redundancy or being made redundant in British English). A layoff is usually not strictly related to personal performance but instead due to economic cycles or the company's need to restructure itself, the firm itself going out of business, or a change in the function of the employer (for example, a certain ...
But, as any business owner knows, she said, “You can only raise prices so much, especially when everyone else in the world is feeling (inflation), too.” Her burger went up by $1.50.
A business letter is a letter from one company to another, or such organizations and their customers, clients, or other external parties. The overall style of letter depends on the relationship between the parties concerned.
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