Discuss the Pros and Cons of Flexible Versus Fixed Benefits

question 29

Essay

Discuss the pros and cons of flexible versus fixed benefits plans.

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Definitions:

Cause Of Action

A cause of action is a set of facts sufficient to justify a right to sue to obtain money, property, or the enforcement of a right against another party.

Anticipatorily Repudiated

A doctrine in contract law where one party, ahead of time, indicates that they will not fulfill their contract obligations, allowing the other party to treat the contract as breached.

Executory

Pertaining to a contract or agreement that has been made but not yet fulfilled by one or more of the parties involved.

Condition Subsequent

A condition in a contract that, if it occurs, can end the contract or modify its terms after the contract has been executed.