Examlex
_____ is incentive pay that ties at least part of compensation to employee effort and performance.
Common Law
A body of law based on judicial decisions and customs, as opposed to statutory laws.
Void Contract
An agreement that lacks legal validity or is unenforceable by law from the moment it is created, due to reasons such as illegality or incapacity of one party.
Voidable Contract
A valid contract that can be legally voided at the option of one of the parties without penalty.
Quasi-contract
A legal concept that is treated as a contract so that one party is not unjustly enriched at the expense of another, even though no actual contract exists.
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