A Noncontractual Promise May Be Enforceable Where There Has Been

question 40

True/False

A noncontractual promise may be enforceable where there has been justifiable reliance on the promise.

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Definitions:

Incentive Pay

A form of compensation designed to reward employees for their performance and productivity, often linked to specific performance targets.

Predefined Behaviors

Specific actions or reactions that are established in advance to guide responses in particular situations or under certain conditions.

Standard Hour Plan

An incentive plan that pays workers extra for work done in less than a preset "standard time."

Merit Pay

A pay system where employees are compensated based on their performance, as determined through evaluations, with the aim of rewarding high performance.