Generally, Any Party to an Illegal Contract Can Recover for Performance

question 68

True/False

Generally, any party to an illegal contract can recover for performance rendered.

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Definitions:

Gainsharing

A program in which employees receive financial benefits from the company's cost savings due to their collective efforts to improve performance and efficiency.

Merit Pay

A form of compensation where employees receive additional pay or bonuses based on their performance and achievements, as determined through evaluations or assessments.

Performance Management System

A systematic approach used by organizations to improve and manage employee performance.

Performance Bonus

Additional financial compensation awarded to employees based on an evaluation of their work performance, often related to achieving specific targets or goals.