Is an offer letter a legally binding document.
Is an offer letter and the terms and conditions within (Florida ), to an upper management employee a legally binding document when signed by an officer of the corporation and countersigned as accepted by the employee?
What recourses can the employee take if obligations are not fulfilled
1 Answer from Attorneys
Re: Is an offer letter a legally binding document.
As you describe it, the letter signed by both parties would become a contract. Before it is accepted, it is an offer. Once accepted, if accepted according to the terms of the offer, it becomes a contract.
A breach of contract can, obviously, be the basis for a law suit.