Carlos owns a store in Polk County. His trade extends throughout River City, but not beyond the county limits. He sells his store to Virginia and, as part of the transaction, agrees not to engage in the same business anywhere in River City for a period of two years. In this case:
a. the geographic restraint is reasonable.
b. this agreement is unreasonable.
c. the agreement unduly interferes with the interest of the public.
d. Two of these.
a
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A store knew that a person had stolen goods but accidentally detained a person who looked very similar to the real thief, but it was the wrong person. As a result the store
A) is not liable as the two people looked very similar B) can claim it had legal authority and avoid any liability for its actions C) can claim that it had arrested the person for the purpose of its investigation so it was legal D) is not liable because a crime had been convicted E) is liable for false imprisonment
Expando Global Corporation, a U.S. firm, establishes a wholly owned subsidiary firm in Germany. In this situation, Expando retains complete ownership of
A. all of the facilities. B. only those facilities in the United States. C. none of the facilities. D. less than half of the facilities.
The impostor rule is an exception to the rules on liability for forgery that covers certain situations, such as the embezzling payroll clerk
Indicate whether the statement is true or false
Which of the following companies is taking efforts to improve the work/life balance of its employees?
A. Haywire Corp., which allows its employees to buy company stocks at a reduced price of $30 per share B. MH Corp., which increases the number of paid holidays given to its senior employees C. Kay Corp., which increases the transport allowance for its employees by 10 percent D. Halo Corp., which increases the variable pay of its employees