When a covenant not to compete is unreasonable in its essential terms, a court will refuse to reform the covenant.
Answer the following statement true (T) or false (F)
False
You might also like to view...
Defining terms at the beginning of a presentation is ______.
a. likely to increase audience misunderstanding. b. necessary for audience understanding c. likely to reduce audience engagement d. a poor use of limited presentation time
What is the purpose of the Operating Characteristics curve?
What will be an ideal response?
In December 2003, a European insurance company,Swiss Re, issued a 3-year floating-ratebond maturing on January 1, 2007, with a parvalue of US$400 million. The interest-ratepayments were quarterly with a coupon resetformula of 3-month U.S
LIBOR plus 135 basispoints. The principal at maturity was linked toa specifically constructed index of mortalityrates (i.e., mortality index) across five countries(United States, United Kingdom, France, Italy,and Switzerland). The principal schedule at maturitycalled for repayment in full if the mortalityindex does not exceed 1.3 times the 2002 baselevel during any of the three years of the life ofthe bond. However, if the mortality index exceededthat level, there would be an increase of5% for every change in the index by 0.01 . What was the purpose of Swiss Re issuingthis bond?
Tracking and resolving day-to-day issues with the new ERP system is the job of the:
A) technical staff. B) Steering Committee. C) Project Management Office. D) Help Desk.