A Restrictive Covenant Is a Necessary Clause for an Employer

question 30

True/False

A restrictive covenant is a necessary clause for an employer who wants to protect trade secrets.

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Definitions:

FICA

The Federal Insurance Contributions Act, a United States federal payroll tax that funds Social Security and Medicare.

Paycheck

A document (or electronic transfer) issued by an employer to pay an employee for services rendered.

Tax Burden

The measure of the total amount of taxes paid by an individual, a business, or another entity to the government.

Tax Burden

Refers to the total amount of tax that individuals or businesses must pay, relative to their income or profit.