Claudia sells her highly successful hair salon to Carl. In the sales contract, Claudia agrees never to open a hair salon in the state. Which of the following best describes this contract clause a. void as illegal primary restraint.
b. valid as a reasonable restraint of trade.
c. unenforceable restraint of trade.
d. binding as fair protection.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Claudia sells her highly successful hair salon to Carl. In the sales contract, Claudia agrees never to open a hair salon in the state. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Assume that Atlantic National Bank has demand deposits of $100,000 and no excess reserves, and that the reserve requirement is 10 percent. A customer withdraws $5,000 from the bank.
Answers (1)
Which of the following events would cause the supply curve to decrease from Upper S 1 to Upper S 2 ? A. Lower expected future prices. B. An increase in the price of inputs. C. Upper A decrease in the price of inputs. D.
Answers (1)
Faced with constantly changing conditions, why would a firm ever keep any factors fixed? What criteria determine whether a factor is fixed or variable?
Answers (1)
Homer can write checks on his account at intercity bank. jemma steals the checks, forges homer's signature, and cashes the checks at intercity.
Answers (1)
Jamie wrote a nine-month put on beta stock. the strike price was $25 and the market price at the time the option was written was $24. the total price of the option contract was $150.
Answers (1)
New Questions in Business
Harrison Recyclers Company uses the indirect method to prepare its statement of cash flows. Refer to the following information for 2017: 1. Retained Earnings, beginning balance, $142,000 2. Retained Earnings, ending balance, $122.000 3.
Answers (1)
Assume that total costs assigned to the setup activity cost pool in March are $120,000 and 100 setups were completed in March. Further, assume that during March machines were setup 20 times to make product X5.
Answers (1)
The accounting cycle starts with a. closing out the periodic accounts. b. recording the transaction based on the information in a source document. c. preparing the financial statements. d. preparing the adjusting entries.
Answers (1)
Ratemakers at ABC Insurance Company calculated the pure premium to be $280 for a risk they were considering insuring. What is the gross rate for this risk, assuming a 30 percent expense ratioA) $364 B) $400 C) $430 D) $520
Answers (1)
When plant assets are purchased as a group in a single transaction for a lump-sum price, the cost of the purchase is allocated among the different types of assets acquired based on their relative market values. true or false
Answers (1)