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Despite recent increases in job openings and drops in unemployment benefit claims, the U.S. labor market remains tight as companies in many industries continue to hold on to workers, remain prudent...
A new hire at a Boston company was diagnosed with breast cancer after she accepted the position — then the company rescinded her offer, federal officials said.
Rescission at common law (as distinct from rescission in equity) is a self-help remedy: historically, the common law courts simply gave effect to the rescinding party's unequivocal election to rescind the contract. Rescission at common law is only available for fraudulent misrepresentations and duress.
Yahoo Finance reporter Dani Romero breaks down how more and more companies are slowing down hiring and even rescinding job offers, particularly companies that hedged their bets on remote-only work.
For example, if A promises to give B a unique sculpture in exchange for B painting A's house, but A then sells the sculpture to C before B begins the job, this act by A constitutes an anticipatory repudiation which excuses B from performing.
Termination of employment or separation of employment is an employee's departure from a job and the end of an employee's duration with an employer. Termination may be voluntary on the employee's part ( resignation ), or it may be at the hands of the employer, often in the form of dismissal (firing) or a layoff .
Don't forget to take a broad view and look up the industry and even the location before you take an offer. If the company is owned by a parent organization, don't forget to include the parent in ...
In the law of contracts, revocation is a type of remedy for buyers when the buyer accepts a nonconforming good from the seller. [1] Upon receiving the nonconforming good, the buyer may choose to accept it despite the nonconformity, reject it (although this may not be allowed under the perfect tender rule and whether the Seller still has time to cure), or revoke their acceptance.