A provision that restricts the seller from entering the same type of business within a specified area for a certain amount of time is known as ______.
A) due disclosure
B) a good cause clause
C) a noncompetitive clause
D) just disclosure

Question

Quizplus · Accepted Answer

A noncompetitive clause, also known as a non-compete clause, restricts the seller (or sometimes an employee) from entering into or starting a similar profession or trade in competition against the buyer (or employer) within a specified area for a certain period of time.

A Provision That Restricts the Seller from Entering the Same