What is the difference between a common law contract and a contract under wage and hour law?

In Florida, the difference between a common law contract and a contract under the wage and hour law lies in the way the legal obligation is created. A common law contract is an oral or written agreement between two parties that creates a legally binding obligation. The agreement must include an offer, an acceptance, and a mutual exchange of something of value, such as money. The parties are then free to agree to the terms of the contract, including the wages. However, even if the parties agree in writing, the contract can be invalidated if it is found to violate public policy or is otherwise unenforceable. A contract under the wage and hour law is a type of contract that is created and enforced by the government. This law declares that employers must pay certain wages or overtime to employees who work or a certain number of hours in a given week. This law also specifies the minimum wage, hours worked, and overtime an employee must be paid. Furthermore, employers are prohibited from making any deductions from an employee’s wages unless authorized by law. This law also requires employers to keep accurate records of their employees’ wages and hours worked. Overall, the key difference between a common law contract and a contract under the wage and hour law is the way the legal obligation is created. A common law contract is an agreement between two parties that creates a legally binding agreement, while a contract under the wage and hour law is created and enforced by the government.

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What is the difference between a common law contract and a contract under wage and hour law?

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