The Meaning of an Implied Contract Is Drawn from The

question 38

Multiple Choice

The meaning of an implied contract is drawn from the:

• A) actions of the parties.
• B) interpretations of a written contract.
• C) interpretations of an oral contract.
• D) actions of third parties.

---

Definitions:

Performance Appraisals

Formal assessments and reviews of an employee's work performance over a specific period, used to determine areas of improvement and inform decisions on promotions, bonuses, and training needs.

Organizations' Profits

The financial gain that an organization achieves after deducting the expenses, costs, and taxes necessary to sustain its operations.

Stock Price

The cost of purchasing a share of a company, which fluctuates based on market conditions, company performance, and investor perceptions.

Stock Options

A form of compensation granted to employees giving them the right to purchase the company's stock at a set price within a certain period.