Lisa has been a dentist in Elmville for several years. She is now ready to retire and she sells her
practice to Angie. As part of the sales agreement, Lisa agrees not to practice dentistry within 20
miles of Elmville for a period of three years.
After two years, Lisa is bored so she opens up a
dental practice in her home. This practice is very small and Lisa wants to keep it that way.
Angie sues on the noncompete agreement. What is the most likely result?
A) This agreement is not enforceable since agreements in restraint of trade are never
enforceable.
B) This agreement is not enforceable because it is not ancillary to an employment agreement.
C) This agreement is not enforceable because it is unreasonable as to area.
D) This agreement is fully enforceable.
E) This agreement is not enforceable because it is unreasonable as to time.
D
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Primary credit discount loans for profit will be zero when
A. primary credit discount rate is equal to secondary credit discount rate. B. primary credit discount rate is greater than federal funds rate. C. primary credit discount rate is lesser than federal funds rate. D. primary credit discount rate is equal to nominal short-term interest rate.
Which of the following is a good predictor of success in jobs requiring social skills and leadership?
a. openness b. agreeableness c. emotionalism d. extroversion
The ________ is administered by a three-member Trade Commission, which oversees a Secretariat and arbitral panels
A) North American Free Trade Agreement B) World Trade Organization C) European Union D) Andean Common Market
A production process requires a fixed cost of $50,000 and the variable cost per unit is $25. The revenue per unit was projected to be $45, but a recent marketing study shows that because of an emerging competitor, the revenue will be about 12% lower
How does this affect the break-even point? What will be an ideal response?