How does an employment contract define the employer-employee relationship?

An employment contract defines the employer-employee relationship primarily by outlining the rights, responsibilities, and expectations of both parties involved. This is essential as it establishes a mutual understanding of what is required from both the employer and the employee. It typically includes details such as job duties, compensation, work hours, benefits, confidentiality obligations, and termination conditions. By clearly stating these aspects, the contract helps to minimize disputes and provides a framework for the working relationship, ensuring that both parties are aware of their obligations and rights.

While other options may touch on elements related to the work environment or company policies, they do not directly address the fundamental purpose of an employment contract. The company's vision, for instance, may be inspirational but does not define specific roles or expectations. Listing all company policies might provide guidance on workplace behavior, but it does not comprehensively define the employment relationship. Thus, option B is the most accurate representation of the contract's role in clarifying the dynamics between employer and employee.