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Does a contract modification need all the elements of a contract?
Can my employer deduct from my pay check?What kind of agreement/contract do I need?Does an illegal clause create liability, or just invalidate the contract?How do they decide if a contract is violated bad enough then it's all invalid?When does a single mistake in a contract invalidate the entire contract?What does “for avoidance of doubt” mean in a contract?Client side validation loss in profitsIf employment contract supercedes all previous agreements, does that include un-included parts of offer letter?Does a new contract supersede identical old contract?Can a business unilaterally change a contract?If a company agrees to pay travel cost for a job interview, is the promise binding and enforceable?
Alice and Bob have a contract.
One day they mutually agree to modify it.
Does the modification need to have all the elements of a new contract? In particular, does it need to have a consideration on both sides?
Typical scenario is employee's annual pay rise. The employer raises the pay, the employee agrees. But what is his/her new consideration for the employer? Does the absence of one render the pay rise unenforceable?
(This question has been inspired by this one).
contract-law contract
add a comment |
Alice and Bob have a contract.
One day they mutually agree to modify it.
Does the modification need to have all the elements of a new contract? In particular, does it need to have a consideration on both sides?
Typical scenario is employee's annual pay rise. The employer raises the pay, the employee agrees. But what is his/her new consideration for the employer? Does the absence of one render the pay rise unenforceable?
(This question has been inspired by this one).
contract-law contract
The consideration on the employee's side would be the continued good work for the company. I don't see how it would be implied that there were no consideration on both sides in that case...
– Ron Beyer
4 mins ago
add a comment |
Alice and Bob have a contract.
One day they mutually agree to modify it.
Does the modification need to have all the elements of a new contract? In particular, does it need to have a consideration on both sides?
Typical scenario is employee's annual pay rise. The employer raises the pay, the employee agrees. But what is his/her new consideration for the employer? Does the absence of one render the pay rise unenforceable?
(This question has been inspired by this one).
contract-law contract
Alice and Bob have a contract.
One day they mutually agree to modify it.
Does the modification need to have all the elements of a new contract? In particular, does it need to have a consideration on both sides?
Typical scenario is employee's annual pay rise. The employer raises the pay, the employee agrees. But what is his/her new consideration for the employer? Does the absence of one render the pay rise unenforceable?
(This question has been inspired by this one).
contract-law contract
contract-law contract
asked 6 mins ago
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
GreendrakeGreendrake
3,49311123
3,49311123
The consideration on the employee's side would be the continued good work for the company. I don't see how it would be implied that there were no consideration on both sides in that case...
– Ron Beyer
4 mins ago
add a comment |
The consideration on the employee's side would be the continued good work for the company. I don't see how it would be implied that there were no consideration on both sides in that case...
– Ron Beyer
4 mins ago
The consideration on the employee's side would be the continued good work for the company. I don't see how it would be implied that there were no consideration on both sides in that case...
– Ron Beyer
4 mins ago
The consideration on the employee's side would be the continued good work for the company. I don't see how it would be implied that there were no consideration on both sides in that case...
– Ron Beyer
4 mins ago
add a comment |
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The consideration on the employee's side would be the continued good work for the company. I don't see how it would be implied that there were no consideration on both sides in that case...
– Ron Beyer
4 mins ago