Employees Should Be Given Performance Standards When __________

question 30

Multiple Choice

Employees should be given performance standards when __________.

• A) Their performance is lacking
• B) Their six month review
• C) They are hired
• D) When their manager sees fit

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Definitions:

Benefit of His Bargain

A principle in contract law that entitles a party to expect the benefits promised in an agreement, often in the context of damages for breach.

Condition Precedent

A contractual requirement that must be fulfilled before a party's obligation or right comes into effect.

Constructive Condition

A condition presumed by law to exist in a contract, even if not explicitly mentioned, to ensure fairness and fulfill the intention of the parties.

Concurrent Condition

In contract law, these are conditions that must occur or be performed at the same time by both parties involved in a contract.