To Be Valid,an Agreement Not to Compete Must Be Ancillary

question 10

True/False

To be valid,an agreement not to compete must be ancillary to a legitimate bargain.

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Definitions:

One-Time Customer

A consumer who purchases goods or services from a business only once.

Variable Cost

Costs that vary directly with the level of production or with the volume of services provided.

Sales Price

The final amount of money a customer pays for a product or service, including any discounts or adjustments.

Total Opportunity Cost

The overall cost of choosing one investment or action over another, considering both tangible and intangible benefits.