Some Types of Compensation Are Given to Employees Just for Being

question 145

True/False

Some types of compensation are given to employees just for being members of the organization,regardless of their level of performance on the job.

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Definitions:

Conform to Contract

The requirement that goods or services delivered must meet the specifications and standards agreed upon in a contract.

Uniform Commercial Code

A comprehensive set of laws governing commercial transactions in the United States, intended to standardize and simplify the law across states.

Merchants

Businesses or individuals engaged in the trading of goods, services, or commodities for profit.

Reasonable Commercial Standards

A set of accepted, practical criteria that guide business conduct and transactions within a particular industry.