In the sale of a business, all the following elements are necessary to create an enforceable noncompete clause, except:
A) not unduly burdensome on buyer
B) reasonable time limitation
C) estimated value of the seller's business
D) geographic restriction not overly broad

Question

Quizplus · Accepted Answer

While the other three elements listed are necessary for a noncompete clause to be enforceable, the estimated value of the seller's business is not a requirement for the validity of a noncompete clause.

In the Sale of a Business, All the Following Elements