Implied Contract May Become Binding When Management Urges an Employee

question 34

True/False

Implied contract may become binding when management urges an employee to leave another organization by promising higher wages and benefits and then reneging after the person has been hired.

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Definitions:

Customer Loyalty

The degree to which a consumer consistently prefers and purchases a particular brand or product over competing ones.

Job Qualifications

The specific skills, education, experience, and attributes required to perform a job successfully.

Job Qualifications

The skills, experiences, and educational credentials required for a person to be eligible for a particular job.

Salesperson

An individual who sells products or services to potential customers.