CONTRACT OF EMPLOYMENT ANALYSIS1. Create a scenario in which this contract would be used. Name the p

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CONTRACT OF EMPLOYMENT ANALYSIS1. Create a scenario in which this contract would be used. Name the p

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CONTRACT OF EMPLOYMENT ANALYSISIntroductionA contract is a promise for the breach of which law has a remedy. There are various typesof contracts and for the purpose of this paper, an employment contract has been chosenfor analysis. An employment contract is a document which records the beginning of arelationship between an individual and a company. Under such a contract, the two partiesagree to a certain time or length of employment with an employee. It sets out theresponsibilities of the employee, compensation to be paid to the employee for theiremployment, and the duties and responsibilities of the employer and employee upon thetermination date of employment. This paper analyzes a contract and answers somequestions based on a contract.1. Create a scenario in which this contract would be used. Name the parties involvedand give background information as to why this particular contract is being used.Are there third party beneficiaries involved in this contract? Who are they, andwhat role do they play?This contract can be used in case of a fictitious manufacturing organization- ABCcorporation and a female employee Diana Smith. The promisor is the organization and itmust fulfill the promise made to the promise which is the employee being hired. Thesituation is that ABC Corporation is offering the position of operations manager to Diana.Diana has 5 years of experience and has cleared all rounds of interview.This contract is being used because it is required by
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