Loan agreements are binding contracts between two or more parties to formalize a loan process. There are many types of loan agreements, ranging from simple promissory notes between friends and family members to more detailed contracts like mortgage, auto, credit card and short- or long-term payday advance loans.
An employer may waive the right to a thirty-minute unpaid meal break pursuant to the voluntary written request of an employee who is principally employed in the service of food or beverages to customers and who, in the course of such employment, receives tips and reports the tips to the employer.
Employers can break employees up into teams to foster friendly competition among them. Teams that sell the most products over a set time frame receive a free catered lunch or a day off from work. Business owners can use a contest to teach quarreling employees to work together by placing them on the same team.