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When a potential employee joins an organization,there is often an implied contract between the employee and the organization,based on expectations of rewards and contributions.Which of the following best describes this contract?
Gratuitous Promise
This is a promise made without requiring anything in exchange, often lacking legal enforceability because it lacks consideration.
Legal Obligation
A duty enforced by law, requiring an individual or organization to act or refrain from acting in a specific manner.
Statutory Provision
A specific piece of legislation enacted by a governing body that establishes legal requirements or regulations.
Common Law
A system of law based on precedent and customs, originating in England and forming the basis of the legal system in the United States and other countries.
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