Which of these refer to a part of a contract in which a person agrees not to open a certain type of business or seek employment doing certain things in a particular area for a period of time?
A)Noncompete clause
B)Exculpatory clause
C)Hold harmless clause
D)Waiver

Question

Quizplus · Accepted Answer

A noncompete clause is a contractual agreement in which an individual agrees not to compete with a company for a specified period of time and within a particular geographical area. It prevents the individual from opening a similar business or seeking employment with a competitor in the same industry or field.

Which of These Refer to a Part of a Contract