Telecommuting Is an Arrangement in Which Employees Work at Home

question 44

True/False

Telecommuting is an arrangement in which employees work at home and are linked to the office by phone, fax, and computer.

---

Definitions:

Liquidated Damages

An amount, stipulated in the contract, that the parties to a contract believe to be a reasonable estimation of the damages that will occur in the event of a breach.

Remedy

The means by which the enforcement of a right or the redress of a wrong is obtained.

Breach Of Contract

Occurs when one party fails to fulfill their obligations under a contract, leading to legal consequences for the defaulting party.

Contract Price

The total financial compensation agreed upon by all parties involved in a contract for the sale, purchase, or delivery of goods or services.