Which of the following is a clause that limits participation in a business or occupation for a period of time?
A)Arbitration
B)Restrictive covenant
C)Merger
D)Exculpatory

Question

Which of the following is a clause that limits participation in a business or occupation for a period of time? ​
A)Arbitration
B)Restrictive covenant
C)Merger
D)Exculpatory

Quizplus · Accepted Answer

A restrictive covenant is a clause in a contract that limits an individual's ability to participate in a certain business or occupation for a period of time. It is often used to protect a company's trade secrets or to prevent an employee from working for a competitor after leaving the company. Arbitration is a method of resolving disputes outside of court, exculpatory means being released from liability, and a merger is the combining of two companies into one.

Which of the Following Is a Clause That Limits Participation