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Developing programs to motivate and coordinate employee efforts, providing incentives, fostering a positive organizational culture, and managing diversity are functions of the
Executed Contract
A contract that has been completely performed by both parties.
Contractual Obligation
A duty or responsibility that is legally binding under the terms of a contract.
Obvious Terms
Conditions or elements in an agreement or contract that are clear and unmistakable to all parties involved, often not needing explicit statement or detailed explanation.
Quasi Contract
A fictional contract imposed on parties by a court in the interests of fairness and justice; usually, quasi contracts are imposed to avoid the unjust enrichment of one party at the expense of another.
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