NCh5 termination Of Employment Contracts Flashcards
Aside from the agreed termination date, the 1st way and employment contract may also be terminated (FARMA) is F for
Fulfillment of purpose
Aside from the agreed termination date the 2nd way an employment contract may be terminated (FARMA) is A for
Abandonment or cancellation by the broker
Aside from the agreed termination date, the third way and employment contract may be terminated (FARMA) is R for
Revocation by your principal
Aside from the agreed termination date, the fourth way and employment contract may be terminated (FARMA) is M for
Mutual consent
Aside from the agreed termination date, the 5th way an employment contract may be terminated (FARMA) is A for
Acts of law
Bankruptcy
Death
Destruction of property
Change in property used by outside forces such as zoning