A community hospital exempt from Federal income tax under. section 501(c)(3) of the Code built an adjacent office building for. doctors in order to encourage members of its medical staff to maintain. their private medical practices near the hospital.
When a contract is intentionally not honored by one party, it is called a breach of contract and is grounds for contract termination. A breach of contract may exist because one party failed to meet his obligations at all or did not meet his obligations fully.
by FreeAdvice staff. There is generally no requirement that severance or termination pay be given to an employee who is laid off, unless there is an employment contract in place guaranteeing such pay or unless there is another specific reason a severance package would be mandated.any people may wonder whether or not severance pay is required by law, since it comes up often in the news when major manufacturing plants close or other situations occur. In general, severance pay is up to the employerâs discretion and is only legally required under specific circumstances.