Which of the Following Is Correct with Regard to an Enforceable

question 12

Multiple Choice

Which of the following is correct with regard to an enforceable restraint of trade?

• A) The restraint should be no more extensive than is required to protect a specified property interest.
• B) Restraints typically arise in connection with the sale of a business.
• C) A typical restraint is a covenant not to compete.
• D) All of these.

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Definitions:

EAFE

An acronym for Europe, Australasia, and Far East, and it refers to a stock index that is designed to measure the equity market performance in those regions.

Forward Rate

The interest rate agreed upon today for a loan that will occur at a future date, used in the calculation of the yield curve and in the pricing of forward contracts.

Canadian Security

A financial instrument issued in Canada, such as stocks, bonds, or investment funds.

Exchange Rate

The worth of a currency when exchanged for a different one.