Clothing For Accountants is a popular retail store owned by I.M. Material. Material has just sold the business to Phil Forma. Phil has asked that a covenant not to compete be inserted into the agreement. Such covenants are:

a. void as against public policy
b. only valid in employment contracts.
c. always valid.
d. valid if reasonable in time and geographic scope


Answer: d. valid if reasonable in time and geographic scope

Business

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