Non-Compete Agreements Drafted for Employees of Internet Companies

question 34

Multiple Choice

Non-compete agreements drafted for employees of Internet companies:

• A) are interpreted no differently in terms of standards of reasonableness than are agreements for other types of companies.
• B) are subject to larger geographic restrictions than for other types of companies.
• C) are subject to longer periods of reasonable duration.
• D) are irrelevant.

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Definitions:

Expected Value

The calculated average of all possible values for a random variable, considering the probabilities of each outcome.

Risk Lover

An individual or entity that prefers or seeks out investment opportunities with higher risk for the potential of higher returns.

Insurance

A financial product that provides protection against potential financial losses or liabilities arising from specific risks.

Risk Averse

Describes individuals or entities that prefer to avoid risk and would rather choose options with more certain outcomes over riskier ones.