Examlex
The job evaluation process determines the amount of money that a job is worth; this amount is called _______compensation.
Allocating Risk
The process of identifying and distributing the potential financial, operational, or legal hazards among parties in a transaction or agreement.
Contract Law
A branch of law that deals with agreements between parties, their rights, and obligations.
Consideration
In contract law, consideration refers to something of value exchanged between parties that is necessary for a valid contract.
Binding Contract
A legal agreement between two or more parties that is enforceable by law.
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