A contract is vital when approaching a business agreement. In Kentucky, there are different types of contracts, written and implied. It’s important to understand the difference.
Employment Contracts
Whether you are the employee or employer, having a clear understanding of your relationship with one another is critical. A contract, written or implied, will guide you through the complex grounds of this business arrangement. Written contracts are just this, they state what the expectations are of each party, responsibilities, and benefits. Often, employees aren’t aware of what the contract states if they are to terminate their employment. For instance, whether they can work with a competitor of the employer.Most likely the implied employment contract will not state the details in writing, but use statements made during conversations during employee and employer. These discussions may have taken place during the interview process or as the employee’s responsibilities may change during employment. It may be possible that one’s pay or benefits may increase if their title changes with the newly assigned responsibilities.
Understanding The Variables In Either Of The Contracts Will Be Beneficial For All
A written contract will sort all the details out more clearly as it’s on paper. With an implied contract, it could turn into a he said-she said, however there are always ways to prove that the agreement is valid, and the requirements were met.Understanding the difference between the two contracts will be very useful and will allow you to proceed accordingly with ease, especially if one of the parties is disputing the agreement.
Contact (859-746-0500) Michael O’Hara, PLLC for a Consultation
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About Michael A. O’Hara, PLLC
When you have to deal with the justice system – whether related to a civil or criminal matter – you need more than the truth on your side. You need a skilled attorney who can employ sound legal strategies to produce the results you are hoping for. I am attorney Michael A. O’Hara, and I am licensed to practice in Kentucky and Ohio at the state level, as well as in Federal District Court and the Federal Court of Claims. I have been representing clients in the Northern Kentucky/Greater Cincinnati area since 1994.