The Little People name, registered and trademarked by Fisher-Price in 1985, came from Fisher-Price following the lead of consumers who referred to the early Play Family playsets as those little people.
Labor contracts define the type of work being performed. contract 20309 image by pablo from Fotolia.com. Labor contracts are an important aspect of the American work force, as many companies farm out portions of their workload to contractors, who provide needed services.
The owner of the contract supplies the materials, and pays a fixed price which includes overhead and profit for a negotiated number of labor hours. Labor hour contract is a variation of the time and materials contract, differing only in that the materials are not supplied by the contractor.