Question

John and Sharon enter into an employment contract, which specifies that Sharon will be employed by John for one year at an annual salary of $45,000 plus benefits. The employment contract is an example of:

Answer 1

John and Sharon entered a fixed-term contract.

Step-by-step explanation:

A fixed term contract is an employment contract that specifies termintion date. Usually there is often a clause that specifies that the employee could apply for renewal of the contract where need be.