Examlex
Which of the following is the most significant separation cost for employers?
Lien
A legal right or claim against a property by a creditor to ensure the payment of a debt.
Rescission
The revocation of a contract or agreement.
Damages
Monetary compensation required to be paid as a result of loss or injury due to a breach of contract or a tort.
Standard Form Contract
A pre-prepared contract where most terms are set in advance with little or no negotiation between parties, typically favoring the drafter of the contract.
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