Protecting accounts as a 1099 contractor in sales

[lionwater]

In my understanding of 1099 contracts, those contracting with the contractor, as well as the contractor himself, can terminate the contract for any or no reason. Therefore, in theory, a company who contracts with a 1099 may wait until a desired amount of accounts are sold by their contractor and terminate the contract, keeping the accounts earned by the contractor, and leaving the contractor nothing for his efforts. Is this accurate (legal?) or is there a law--explicit or implied--against this occurring?

 

[disagreeable]

In theory, yes. That said, there can be specific written and verbal elements of a the business relationship that are enforceable.

 

[Betty3]

Many times there are specifications on the cancellation/termination of the contract in the contract itself.