Incompetence,disobedience,and Misconduct Justify an Ending of the Contract of Employment

question 30

Multiple Choice

Incompetence,disobedience,and misconduct justify an ending of the contract of employment for breach,but illness justifies an ending of the contract of employment for

• A)duress.
• B)misrepresentation.
• C)frustration.
• D)mistake.
• E)breach.

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Definitions:

Long-Term Incentives

Compensation plans designed to reward employees over a longer period, often tied to the company's performance, to foster commitment and align employees' interests with those of the company.

Lump-Sum Bonuses

One-time payments given to employees as a reward for exceptional performance, separate from their regular salary.

Profit Sharing

A company policy where employees receive a share of the company's profits, typically provided as a portion of annual income.

Performance-Based Systems

Systems that measure and reward employees based on their work performance and achievements.