Where a Stipulation in Restraint of Trade Is a Part

question 49

True/False

Where a stipulation in restraint of trade is a part of the contract for the sale of a business,it may be valid if the restraint is within reasonable limitations to protect the business's goodwill.

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Definitions:

Consequences

Consequences refer to outcomes or effects that directly result from actions or conditions, often implying a reaction to what has been done or what has occurred.

Accomplish

To achieve or complete successfully a task, goal, or objective.

Chance

The occurrence of events without apparent cause, or the unpredictable and uncontrollable aspect of happenings.

Control

In experimental research, the practice of limiting the influence of confounding variables to determine the effect of the independent variable on the dependent variable more accurately.