Al, an accountant, has a tax service and accounting business in Redwood City.He decides to move to Center City, which is 150 miles away and sells his accounting practice to Able and Baker, a CPA firm.In the sale contract, he agrees that he will refrain from practicing accounting anywhere within a 100-mile radius of Redwood City for a period of two years.However, on weekends he returns to his house in Redwood City, and when clients call him, he meets with them in his home.In this situation:
A) Al is in violation of the sale agreement.
B) the agreement is invalid, because it is an illegal restraint on trade.
C) the agreement is illegal, because it is a violation of public policy.
D) the two-year provision is likely to be held invalid, because it is too long a period of time.
Correct Answer:
Verified
Q41: Which of the following would always be
Q41: Which of the following would be considered
Q45: Which of the following contracts is generally
Q47: Elmer promises to pay Fred $100 if
Q48: Nanette wanted to purchase a new car
Q50: Under which of the following circumstances would
Q51: The sole nursing home in the county
Q51: Which of the following would generally be
Q51: _ is a provision excusing one party
Q53: An agreement to refrain from a particular
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents