Ralph Davis owned a frozen yogurt shop that was quite successful because it was the only shop within a three-mile radius of three high schools. The high school students and their families were his customer base. Ralph sold the yogurt shop to Denise Cole. Their agreement provided that Ralph would not start another yogurt shop within a five-mile radius of Denise's shop.? The agreement between
Ralph and Denise is:?
A) ?a void covenant not to compete.
B) ?a violation of the Sherman Act because of its effect on competition.
C) ?a valid covenant not to compete.
D) ?a voidable covenant not to compete at Ralph's option.
C
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The client is a corporation which uses high-tech equipment to manufacture its product. Because of the high level of wear and tear due to long production runs and frequent technology changes, the client usually replaces the equipment every two years. According to IRS guidance, the MACRS life of the equipment is five years. In order to accelerate depreciation deductions, which tax depreciation option should the client elect?
A. MACRS with a straight-line election B. units-of-production method C. regular MACRS treatment D. alternative depreciation system (ADS)
Adjustments to accounts receivable for payments received from customers is based upon
a. the customer's check b. the cash prelist c. the remittance advice that accompanies payment d. a memo prepared in the mailroom
Practitioners facilitating meetings, conducting Myers-Briggs sessions, and coaching individuals relates to which weakness of how OD is practiced today?
a. Not utilizing systemic change activities b. Rapid adoption of latest techniques or technologies c. Challenges with HR colleagues d. Lack of consistency in set of skills and competencies
Securities that trade in the over-the-counter market are called unlisted securities
Indicate whether the statement is true or false.