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Assume That Tom Rents an Apartment from Larry with the Understanding

question 63

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Assume that Tom rents an apartment from Larry with the understanding that either can terminate  the lease by giving the other 30 days notice. What is the name of this type of lease? ​


Definitions:

HRM

Human Resource Management; the strategic approach to manage people in an organization in a way that supports the business's goals and vision.

Electronic Human Resource Management

The integration of information technology into the human resources function to enhance its efficiency and effectiveness, often through digital platforms and tools.

Psychological Contract

A description of what an employee expects to contribute in an employment relationship and what the employer will provide the employee in exchange for those contributions.

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