Employment contracts

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This covers the terms and conditions of a job offer and demarcates the legal rights and responsibilities of the employer and the employee.

"An employment contract or contract of employment is a kind of contract used in labour law to attribute rights and responsibilities between parties to a bargain."
"The contract is between an 'employee' and an 'employer'."
"It has arisen out of the old master-servant law, used before the 20th century."
"Employment contracts rely on the concept of authority."
"The employee agrees to accept the authority of the employer."
"The employer agrees to pay the employee a stated wage."
"To attribute rights and responsibilities between parties to a bargain."
"In labour law."
"It was used before the 20th century."
"Employment contracts rely on the concept of authority."
"The employee agrees to accept the authority of the employer."
"In exchange, the employer agrees to pay the employee a stated wage."
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(This question is not directly answered in the given paragraph. Further information may be required.)