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.
The other requirement for an agreement or contract to be considered legally binding is consideration - both parties must knowingly understand what they are agreeing to. If a person is forced, tricked, or coerced into entering into an agreement, it typically is not considered legally binding. http://www.businessdictionary.com/definition/legally-binding.html.