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21 January, 01:17

John and Sharon enter into an employment contract, which specifies that Sharon will be employed by John for one year at an annual salary of $45,000 plus benefits. The employment contract is an example of:

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  1. 21 January, 01:19
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    John and Sharon entered a fixed-term contract.

    Explanation:

    A fixed term contract is an employment contract that specifies termintion date. Usually there is often a clause that specifies that the employee could apply for renewal of the contract where need be.
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