Examlex
What is meant by the term "craft specialization"? Identify examples of it in our own society.
Covenant Not to Compete
A formal agreement where one party commits to refraining from engaging in or initiating a comparable business or occupation in rivalry with another party.
Illegal Agreement
A contract or arrangement that is forbidden by law because it involves actions or terms that violate legal statutes.
Competing Business
A company that offers similar products or services as another business within the same market or industry.
Reformation
The legal process of modifying a contract or document to accurately reflect the true intentions of the parties involved.
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