Corbin sold his retail clothing business to Austin.The business was located in a small town,and most of the customers lived within a radius of five miles of the clothing shop.As a part of the sale agreement,Corbin agreed not to set up a similar business in competition with Austin for a period of five years or within a radius of five miles of the shop.
-A court will strike down an unreasonable restriction,thereby leaving the purchaser unprotected from competition from the seller.
Correct Answer:
Verified
Q22: In a letter to his nephew, Peter,
Q36: Anderson,a city employee,collected garbage along Smith's street
Q37: Mabel,a young woman aged 17,went shopping.She purchased
Q38: Anderson,a city employee,collected garbage along Smith's street
Q39: Parker owed Andrew a debt in the
Q40: Parker owed Andrew a debt in the
Q42: Mr.Groves,a successful lawyer,is asked by his daughter's
Q44: Franklin Motors Ltd.makes an agreement to buy
Q45: Victor has breakfast at the Kute Kafey.From
Q46: Corbin sold his retail clothing business to
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