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The law forbids any business from ignoring signed contracts without a proper legal reason or dissolving the document. Your companies can face a poor reputation in the industry and lawsuits when a contract is not honored.ÊÊ

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Q: Do you have to honor a contract that a company you bought has?
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Must a loan company that bought a car dealer's contract on a vehicle honor the terms on that contract that was signed by the buyer of the car if no new contract was made between the new lien holder?

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Can an employee here on a H-1B visa be laid off?

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