When Randy, an electrician, accepted a job with Buren Construction, Randy signed the following agreement, "Upon termination of my employment with Buren Construction, I agree never to work for another employer as an electrician." If Randy resigns from Buren Construction, this agreement would be upheld under the theory of freedom of contract
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
According to the text, hypotheses related to differences in the population means and proportions can be tested using the t distribution
Indicate whether the statement is true or false
Which of the following is not true?
a. Owners of preferred stock have a claim on the assets of a firm that is senior to the claim of common shareholders. b. Preferred shares carry special rights. c. The senior status and special rights may induce certain investors to purchase preferred shares of a firm, even though they would be unwilling to purchase common shares of the same firm. d. The senior status and special rights increase the risks of preferred shareholders relative to common shareholders. e. Preferred shares vary with respect to the rights and obligations of the issuing firm and of the investor in the preferred shares.
While a fad generates sales for only a short time period, an extended fad's residual sales can continue for a long time (but at a fraction of early sales)
Indicate whether the statement is true or false
The rights of partners are determined by the partnership agreement, which must be written to comply with the statute of frauds
Indicate whether the statement is true or false