Problem: At some point in time as a business manager, you will need to understand the specifics of employment contracts. An employment contract is an agreement between an employee and an employer regarding the terms of employment. An employment contract can range from a simple handshake agreement ("The job is yours is you want it; can you start tomorrow?") to a lengthy written contract filled with legalese. There are four primary types of employment contracts: At-Will Employment Contracts Written Employment Contracts Oral Employment Contracts Implied Oral Contracts For This Discussion What type of contract do you have at your current place of work (or had at a prior place of work?) What are the terms detailed in the contract for both employer and employee? Given the type of employment contract, what are your rights as an employee? Given an example of a time that you had one of the other three types of employment contracts (noted above). How did the contract differ from your current one?