Posts

Showing posts with the label trust

Fidelity and Trust, Employee's Duty Of—Frustration of Contract

Image
Fidelity and Trust, Employee's Duty Of ( Confidential information, etc ) Key points §   When a job applicant accepts an offer of employment, he (or she) does so on the tacit understanding that he will be diligent and efficient in the performance of his duties, will behave responsibly and safely, and do nothing to damage his employer's property, goodwill or business interests. If he later proves to be unpunctual, dilatory, inept, perverse or unruly, he knows full well (or should do) that he is putting his job 'on the line' and will be dismissed if he does not mend his ways. If he deliberately or carelessly discloses information about his employer's business methods, trade secrets, chemical formulae, pricing policy, customer lists, marketing strategy, and the like, he not only risks losing his job but could also be restrained by the courts (as could any third party to whom he has relayed sensitive information) and may be ordered to compensate his employer for the da...