Per Diem Rates Look-Up. Rates are set by fiscal year, effective October 1 each year. Find current rates in the continental United States (CONUS Rates) by searching below with city and state (or ZIP code), or by clicking on the map.
The legal parts of a contract are known as âtermsâ. An employer should make clear which parts of a contract are legally binding. Contract terms could be: 1  in a written contract, or similar document like a written statement of employment. 2  verbally agreed. 3  in an employee handbook or on a company notice board.
For a contract to be legally binding, various requirements need to be met, depending on the nature of the agreement, as well as the background of each party. For instance, there needs to be a valid offer with a corresponding acceptance, and each party needs to exchange consideration (something of value).or a contract to be legally binding, various requirements need to be met, depending on the nature of the agreement, as well as the background of each party. For instance, there needs to be a valid offer with a corresponding acceptance, and each party needs to exchange consideration (something of value).