Terms Used In Contract. Although the specific terms or articles required in an employment contract vary by state and by type of employment, the following terms and conditions are usually included in these types of agreements. This means that the terms aren't expressly stated in the contract.
Ab initio (ab init ): Offer, acceptance, parties who have the legal capacity to contract (minors under 18 years old and people who are mentally incompetent do not have the legal capacity to enter into contracts), lawful subject matter, mutuality of agreement. Specific contract terms to include.