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What Is a Noncompetition Covenant

Question 29

Multiple Choice

What is a noncompetition covenant?


A) a verbal agreement that you will not compete for the same target customer
B) a written agreement that you will not share the same suppliers
C) a written agreement in which the seller will not set up a competitive business nearby within a period of time
D) a mutually agreed upon fee to be paid to the buyer in the chance the seller will be opening a competitive business nearby

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