To Be Valid, a Non-Compete Clause Must Be

question 47

Multiple Choice

To be valid, a non-compete clause must be

• A)ancillary to a legitimate bargain.
• B)reasonable in time, geographical area, and scope of activity when ancillary to the sale of a business.
• C)necessary to protect trade secrets, confidential information, or customer lists developed over an extended time when ancillary to an employment contract.
• D)All of these are correct.

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Definitions:

Racial Equality

The principle or belief that different races should receive the same treatment and not be subjected to discrimination or inequality.

Federal Government

The system of government in the United States that encompasses the three branches (executive, legislative, and judicial) established by the Constitution to govern the nation as a whole.

Postwar Economic Boom

A period of rapid economic expansion and high growth in GDP and employment, typically occurring after the end of a major war, notably observed after World War II.

Government Spending

The total expenses incurred by the government, including expenditures on public services, infrastructure, defense, and welfare programs.