Legal Question in Business Law in Florida
keeping someone employeed till promissary note has been paid in full
I borrowed money from a boyfriend of a employee of mine. Being the trusting person I am I did not read the whole note. Last line on the reads as follows.
(The persons name) shall remain employed at (Name of my business). Until this contract is paid in full.
Guess what I am trying to find out is that can I cut her hours back to only 2 days a week, scense I can not let her go. And still be up holding my end of the contract.
1 Answer from Attorneys
Re: keeping someone employeed till promissary note has been paid in full
The employment provision of the Note or contract may not be legally enforceable, especially if the employee was not a party to the contract. Seek the advice of counsel and good luck.
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