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Open-ended employment contracts are also called permanent, indefinite, or continuing contracts as they are typically used for long-term employment situations (University of Strathclyde, 2013). This type of employment contract may be terminated if either party gives appropriate notice to the other party or in specific instances such as health ...
Open-ended may refer to: Open-ended (gameplay), dynamic situations or scenarios that allow the individual to determine the outcome; Open-ended (poker), situation in poker where the player has four of five cards needed for a straight that can be completed at either end; Open-ended contract, a contract with no definite time limit
Closed-end leases are so called because they run for a fixed term, and the lessor and lessee agree in the lease contract what the residual value of the property being leased will be. In most cases (particularly in retail motor vehicle leases), the lessee has an option to purchase the property for the agreed residual value at the end of the ...
Open-end mortgages work similar to a home equity line of credit, but you can only use the drawn funds for upgrades to your property. Few mortgage lenders offer open-end loans. There are other loan ...
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PennDOT Awards Baker Open-End Construction Inspection Contract HARRISBURG, Pa.--(BUSINESS WIRE)-- Michael Baker Jr., Inc., an engineering unit of Michael Baker Corporation (NYSE MKT: BKR), has ...
The supplier may give a condition of quantity to supply for this [contract]. For example, 80% of the forecast quantity must be bought at the end of the contract, which may be one or two years. The blanket order will charge the delayed delivery if the supplier could not supply the products in the contract on time.
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, particularly unjust dismissal .