MGMT 2000 Lecture Notes - Lecture 14: Social Security, Respondeat Superior, Unemployment Benefits

• School: University of Iowa
• Department: Management
• Course: MGMT 2000
• Professor: Moeller Lon

Document Summary

Severance compensation: some employers, either through employee handbooks or through written employment contracts, provide severance compensation to employees whose employment has been terminated due to no fault of the employee. An employer may also include paying for the employee"s health insurance coverage for a set period after the employee has been terminated as part of his or her severance compensation. Common law: one of the sources of law in the american legal system is common law. Common law is law created by state court decisions. These court decisions become precedent for state courts to follow under the legal doctrine of stare decisis in later state court cases. Statutory law: law that is created by elected officials through the legislative process at the local, state and federal levels is called statutory law. Statutory law is a source of law in the.