Final answer:
A prospective employer who is considering hiring an employee bound by a contract that requires significant advance notice of resignation must be aware of the common law action of inducing breach of contract.
Step-by-step explanation:
An employer contemplating the hiring of an individual bound by a contractual obligation to provide substantial advance notice of resignation to their current employer should be cautious of the legal ramifications associated with inducing a breach of contract under common law. Inducing breach of contract occurs when a third party encourages or induces a party to break their contract with another party. In this case, if the prospective employer persuades or encourages the employee to leave their current job without providing the required notice, it could give rise to a legal claim for inducing breach of contract.