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If Parties to a Contract Agree That It Will Not

question 74

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If parties to a contract agree that it will not be legally enforceable until the happening of a certain event, that term of the contract is known as a:


Definitions:

Inverse Seniority

A system used during layoffs where employees with the least amount of seniority are laid off first, as opposed to those with more seniority.

Grievance Procedure

A formal process through which employees can submit complaints or disputes for resolution, usually outlined in a collective bargaining agreement.

Formal Grievance

A structured complaint process followed by employees to formally raise issues about their employment conditions or treatment by employers.

Grievance Procedure

A formalized process through which employees can file complaints or disputes for management to resolve, usually outlined in their contract or employee handbook.

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