Termination of contract means cancellation or cancellation of the contract for some specific reason. The termination of the contract usually occurs when there is a contractual injury, that is, when there is a breach of any clause by the parties involved.
Depending on the contract, termination is possible at any time. The important thing is to pay attention to the clauses that present the conditions for termination. For example, the termination of a contract between supplier and consumer only requires the formal presentation of a written document.
In the case of termination of employment contracts, it is mandatory that there is a prior notice of the person who intends to terminate, either employee or employer. The Term of Termination of Employment Contract (TRCT) is a mandatory document template for the company which includes all amounts receivable guaranteed by law to the worker, as well as the due discounts.
In addition to contract termination, other ways to terminate a contract are:
contract termination - when one of the parties goes to court to demand the end of the contract;
Termination of contract - when one or both parties express their willingness to terminate the contract due to the expiration of the term, by unfair dismissal or by resignation;
Termination of contract - the contractual relationship ends because of the death of one of the parties.
