BUS 265 Lecture Notes - Lecture 17: Contract, Quasi-Contract, Prevailing Wage

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What it says: employer can fire an employee for any reason, at any time, or for no reason at all. Or: employee can quit at any time, for any reason, or no reason at all. Exceptions: contracts prohibiting termination of the employment relationship. Law prohibiting termination of the employment relationship. Contract exception: express contract, parties have a specific defined agreement regarding the terms of remaining employed. I. e. - unions: can only be fired for good cause. Implied contract: contract assumed by the court based on the relationship of the parties. Law exception: federal, state & local, 1st period of federal regulation, dealt with labor unions, 2nd period of federal regulation, primarily dealt with discrimination regulations. If law is made to protect a person in a specific situation: an employer cannot fire an employee for accepting the benefit of the law or following the reqs.

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