The Two Common Situations Where a Covenant Not to Compete

question 79

Multiple Choice

The two common situations where a covenant not to compete can be found valid are in connection with:

• A) the sale of a business and contracts involving risky activities.
• B) employment contracts and gambling contracts.
• C) contracts for the sale of goods and agreements between competitors in highly competitive industries.
• D) the sale of a business and employment contracts.
• E) employment contracts and contracts involving risky activities.

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Definitions:

Sphere of Attention

The scope or limit of an individual's focus at any given moment, encompassing what can be noticed or maintained in awareness.

Working Memory

A cognitive system responsible for temporarily holding information available for processing, important for reasoning and the guidance of decision-making and behavior.

Short-Term Memory

A limited-capacity store that can maintain unrehearsed information for about 20 to 30 seconds.

Phonological Loop

A component of working memory model that deals with the auditory information, playing a key role in the processing and storage of verbal and auditory data.