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Generally, a fixed term contract means you are tied into the contract for a fixed term. An example would be like a telephone line, most companies have a fixed term contract of say 12 months. Apart from your 'tester period' at the beginning, you are stuck in the contract for 12 months.
For the duration of the fixed term.
Prepaid is the same as fixed term!
The fixed term of a contract does not automatically change after any time period. It remains the same until replaced by a new contract that includes a negotiated change in term.
The difference between and advantage and a disadvantage can be very significant. An advantage means you have the upper hand in a situation usually only one person can have a particular advantage. A disadvantage can be an obstacle that more than one person can have at the same time.
A transversal term contract is a contract that allows multiple sellers to provide goods at fixed prices. The contract allows buyers to purchase goods from sellers for a certain amount of time at the prices set forth in the contract.
Advantage: Large cash injection. Disadvantage: In the long term it is more expensive.
The advantage is that if the rates go down you are not locked into a high rate for a long term. The disadvantage is that if the rates go up you are not locked into the lower rate for a long term.
In a work contract, information such as a name, the job description, fixed or daily hours to work, the salary given to the employee, the address or location, the expected duration of the contract and also the term of the contract.
contract is contract
contract is contract
An advantage is that is encourages short-term investments from foreigners. A disadvantage is that may take away investments from Indian companies.