An agreement by which an employee exchanges his/her labor in return for specific pay and working conditions is called a(n):
A) yellow-dog contract.
B) employment contract.
C) compromise agreement.
D) nondisclosure agreement.

Question

Quizplus · Accepted Answer

An employment contract is a legally binding agreement between an employer and an employee that outlines the terms and conditions of employment, including pay, job duties, working hours, and other benefits. A yellow-dog contract is a type of employment contract that prohibits workers from joining a labor union, while a compromise agreement and a nondisclosure agreement are different types of legal agreements that serve different purposes.

An Agreement by Which an Employee Exchanges His/her Labor in Return