Courts Typically Consider the Adequacy of Consideration

question 13

True/False

Courts typically consider the adequacy of consideration.

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Definitions:

Keeping Pay Secret

The practice of not disclosing employees' salaries to their colleagues in order to prevent dissatisfaction, competition, or tension within the workplace.

Compensation Survey

A research tool used to determine market rates for positions and benefits, aiding in the development of competitive compensation packages.

Job Evaluator

A specialist who assesses the responsibilities, duties, and qualifications of a job to determine its position within an organization's pay structure.

Relevant Labor Market

The geographical area and job sector from which an employer can reasonably recruit employees or the area from which an employer actually recruits.