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  2. Employment contract - Wikipedia

    en.wikipedia.org/wiki/Employment_contract

    Employment contract. An employment contract or contract of employment is a kind of contract used in labour law to attribute rights and responsibilities between parties to a bargain. The contract is between an "employee" and an "employer". It has arisen out of the old master-servant law, used before the 20th century.

  3. Implicit contract theory - Wikipedia

    en.wikipedia.org/wiki/Implicit_contract_theory

    Implicit contract theory. In economics, implicit contracts refer to voluntary and self-enforcing long term agreements made between two parties regarding the future exchange of goods or services. Implicit contracts theory was first developed to explain why there are quantity adjustments ( layoffs) instead of price adjustments (falling wages) in ...

  4. Freedom of contract - Wikipedia

    en.wikipedia.org/wiki/Freedom_of_contract

    The freedom to contract is the underpinning of laissez-faire economics and is a cornerstone of free-market libertarianism. The proponents of the concept believe that through "freedom of contract", individuals possess a general freedom to choose with whom to contract, whether to contract or not, and on which terms to contract.

  5. Wage labour - Wikipedia

    en.wikipedia.org/wiki/Wage_labour

    Wage labour (also wage labor in American English ), usually referred to as paid work, paid employment, or paid labour, refers to the socioeconomic relationship between a worker and an employer in which the worker sells their labour power under a formal or informal employment contract. [1] These transactions usually occur in a labour market ...

  6. Tortious interference - Wikipedia

    en.wikipedia.org/wiki/Tortious_interference

    t. e. Tortious interference, also known as intentional interference with contractual relations, in the common law of torts, occurs when one person intentionally damages someone else's contractual or business relationships with a third party, causing economic harm. [1] As an example, someone could use blackmail to induce a contractor into ...

  7. Fixed-term employment contract - Wikipedia

    en.wikipedia.org/wiki/Fixed-term_employment_contract

    Fixed-term employment contract. A fixed-term contract is a contractual relationship between an employee and an employer that lasts for a specified period that is determined in advance. These contracts are usually regulated by countries' labor laws, to ensure that employers still fulfill basic labour rights regardless of a contract's form ...

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