A contract of employment is:
A a diagram showing the formal lines of authority in a business
B a formal document outlining the objectives of a business
C a law that makes discrimination in the workplace illegal
D a legal agreement between an employer and an employee - OCR - GCSE Business - Question 1 - 2022 - Paper 1
Question 1
A contract of employment is:
A a diagram showing the formal lines of authority in a business
B a formal document outlining the objectives of a business
C a law... show full transcript
Worked Solution & Example Answer:A contract of employment is:
A a diagram showing the formal lines of authority in a business
B a formal document outlining the objectives of a business
C a law that makes discrimination in the workplace illegal
D a legal agreement between an employer and an employee - OCR - GCSE Business - Question 1 - 2022 - Paper 1
Step 1
D a legal agreement between an employer and an employee
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Answer
A contract of employment is fundamentally a legal agreement between an employer and an employee that outlines the terms and conditions of employment. It typically includes details such as job responsibilities, salary, benefits, work hours, and procedures for termination. This definition is vital as it establishes the relationship and expectations between both parties, ensuring that both the employer and employee have a clear understanding of their rights and responsibilities under the contract.