In the Absence of an Express Term About Notice in a Contract

question 42

Multiple Choice

In the absence of an express term about notice in a contract of employment, the common law rule is that

• A) one day's notice is required.
• B) notice is waived.
• C) reasonable notice shall be given.
• D) one month's notice is required.
• E) two month's notice is required.

---

Definitions:

Market Growth Rate

The increase in size or value of a market over a specified period, typically expressed as a percentage.

Demand Curve

A graphical representation showing the relationship between the price of a product and the quantity of the product that consumers are willing to purchase.

Parabola

A symmetrical, open plane curve formed by the intersection of a cone with a plane parallel to its side.

Diagonal Line

A line segment that joins two non-adjacent vertices in a polygon or two vertices in a polyhedron that are not on the same face, often creating a sense of movement in artwork or design.