Question Detail

IRP 321 Compensation Management policies Objective Question

Question

For a contract of employment to be legally binding, it must satisfy several requirements. Which of the following is NOT listed as a requirement for validity in the document?
Options
A Offer
B Acceptance
C Performance Appraisal
Correct Answer
D Consideration
Correct Answer

Option C is the correct answer.

Detailed Explanation

Page 3 lists the requirements for a binding contract of employment as: (i). Offer, (ii). Acceptance, (iii). Consideration, (iv). Intention to create legal relations, and (v). Parties who enter into a contractual relationship must be of sound mind. Performance appraisal is not mentioned as a requirement for a contract's validity.

Hint

Review the specific list of validity requirements for an employment contract on page 3.

Question Info