Reese Contracts to Sell a Saucy Pizza Restaurant to Titian

question 16

Multiple Choice

Reese contracts to sell a Saucy Pizza restaurant to Titian. As part of the deal, Reese agrees not to open a competing business within a hundred-mile radius for ten years. Reese later sues Titian, alleging that the agreement is illegal. To enforce the covenant not to compete, the court will most likely

• A)award damages for Reese's complete compliance with the terms.
• B)reform the contract to make the distance and time limits reasonable.
• C)rescind the contract and require restitution.
• D)order specific performance.

---

Definitions:

Sellers Receive

Refers to the revenue or payment that sellers get in exchange for providing goods or services in a market.

Tax

Mandatory financial contributions imposed by a government on individuals, corporations, or goods to fund public expenditures.

Tax Burden

The measure of the total amount of taxes imposed by government on individuals, corporations, goods, and services, affecting the income and purchasing power of taxpayers.