Explain contract of service and providing examples. Please state the section based on the explanation of contract of service.
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A contract for service is required when one wants to engage the services of a third-party as an independent contractor for a specific project or short-lived purpose. A contract of service is that of employment and is entered with employees who engage and perform services with the company on a day-to-day basis.
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A contract of service defines the employer-employee relationship, including the terms and conditions of employment. The contract must include key employment terms (KETs) and essential clauses, such as hours of work and job scope.
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