A written release is a prudent document to obtain from an employee who has threatened litigation or with whom a settlement has been made for the employee's dismissal by way of a settlement package or severance pay. It is a document in which the employee agrees to waive their rights to sue the employer or make any legal claims against the employer in exchange for the settlement or severance pay.

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A Written Release

Question 60

Multiple Choice

A written release

A) is part of a severance package.
B) is the employer's written promise to bring an end to the employment dispute.
C) is a provision in the employment contract that allows an employer to dismiss an employee without notice.
D) is a provision in the employment contract that allows the employee to work for someone else without notice.
E) is a prudent document to obtain from an employee who has threatened litigation or with whom a settlement has been made for the employee's dismissal by way of settlement package or severance pay.

Correct Answer: