An employer's promise to pay a bonus in recognition of good work already performed by the employee would be binding.

Name: An employer's promise to pay a bonus in recognition of good work already performed by the employee would be binding.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Such a promise is not binding because it lacks consideration; the good work was already performed, and therefore, the promise is not supported by new consideration from the employee.

An Employer's Promise to Pay a Bonus in Recognition of Good