new hire paperwork - contracts

WHAT IS A CONTRACT?

• A contract is an agreement between two entities or individuals, which serves as legal protection for both parties involved in a potential business deal.

• Contract type is a term used to signify differences in contract structure or form, including compensation arrangements and amount of risk

• a situation where the parties did not mean the same thing when they agreed to a term or provision

• All the answers are correct

• One of the parties to which the agreement relates doesn't have legal capacity (is mentally incapable of entering into a legally binding agreement).

HOW MANY TYPES OF CONTRACTS EXIST?

• 11

• 8

• 13

• 2

Which of the following categories does the new hire paperwork forms fall into:

• - Lump Sum or Fixed Price Contract 

  - Emergency Contact Form

  - Policy Acknowledgment Form

  - Unconscionable Contracts

• - Employment Agreement or Contract

  - Direct Deposit Form

  - Form W-2 (Wage and Tax Statement)

  - Non-Compete Agreement (NCA)

• - Food

  - Home

  - Money

  - Pets

• - Federal and state government forms

  - Internal new hire forms and paperwork

  - Employee benefits forms and paperwork

  - Employee-provided information

Which of the following items correspond to the federal and state government forms: 

• - Emergency Contact Form

  - Employee Handbook Acknowledgment Form

• - Wage and Tax Statement

  - Employee’s Withholding Certificate

• - Non-Compete Agreement (NCA)

  - Employee Interests Questionnaire

• - Form I-9 (Employment Eligibility Verification).

  - Non-Compete Agreement (NCA)

Which of the following contracts are not used in the US?

• Bilateral contract

• unilateral contract

• OPS

• Unit Pricing Contracts

Can a company accept an employee with another identification?

• True

• False

The new hire employee doesn't need a Direct Deposit Form?

• True

• False

An employment contract should never include termination conditions 

• True

• False