BUISENESS MANAGEMENT
BUSINESS STRUCTURE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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An agreement over one job usually over a couple of months between a company and self-employed worker.
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A contract between a company and an employee that doesn’t specify how many hours of work will be provided
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An agreement between a company and an employee that work and income will be provided constantly into the long-term future
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None of the above
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Detailed explanation-1: -Definition. A permanent contract (also called indefinite contract) is a contract with no expiration date, which remains valid until either employer or employee chooses to end the agreement.
Detailed explanation-2: -Permanent employment contracts apply to employees who work regular hours and are paid a salary or hourly rate. The contracts are ongoing until terminated by either the employer or employee and may be for full or part time work.
Detailed explanation-3: -What is an Employment Contract? An Employment Contract outlines an employer’s and employee’s rights, responsibilities, and obligations during a period of employment. Once the employer offers the employee the job and the two parties sign the contract, they become bound to its terms.
Detailed explanation-4: -Long-term contract means a contract of more than five years in duration, including options.