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On Monday,Mick puts an offer in the mail to Sheri to sell his guitar for $50.Monday night when jamming with his buddies,he decides he will really miss his old guitar and has second thoughts about selling it.Tuesday morning he puts a revocation in the mail informing Sheri he has changed his mind and the guitar is no longer for sale.The revocation is effective on Tuesday morning.
Lending Employees
A practice where employees are temporarily assigned to work for another organization or a different department within the same organization.
Hiring Freeze
A temporary policy implemented by organizations to stop or slow down the recruitment of new employees.
Psychological Contract
An unwritten set of expectations existing between an employer and employees regarding mutual obligations, benefits, and commitments.
Distributive Justice
A concept in social science and philosophy regarding the fair distribution of resources and benefits among members of a society.
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