Examlex
Which of the following are aspects of the new social contract trend between employer and employee?
Oral Agreement
A contract or agreement made through spoken communication rather than written, which can be legally binding depending on the context.
Customer Uncertainty
The lack of certainty or predictability that consumers feel regarding the value, quality, or benefits of purchasing goods or services.
Irrevocability Period
A designated timeframe during which a decision, such as an offer or contract, cannot be retracted or revoked.
Purchase Price
The amount of money paid or to be paid by the buyer to acquire an asset or service from the seller.
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