A Restrictive Covenant Is a Term in Restraint of Trade

question 31

True/False

A restrictive covenant is a term in restraint of trade that is found in an agreement.

---

Definitions:

Internal Customers

Employees or departments within an organization that rely on the support or services of each other to accomplish their tasks.

CRM Program

Customer Relationship Management program; a system for managing a company's interactions with current and potential customers, often leveraging data analysis about customers' history with a company to improve business relationships.

On-time Delivery

The measure of a company's ability to fulfill its service or product delivery commitments within the agreed upon timeframe, critical for customer satisfaction and loyalty.

ISO Certification

A recognized standard certification verifying that an organization meets the international standards set by the International Standards Organization.