In the Absence of a Valid Restrictive Covenant, the Seller

question 28

True/False

In the absence of a valid restrictive covenant, the seller of a business may compete with an ex-employee and solicit customers of the former employer.

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Definitions:

Critically Ill

A condition where a person is suffering from a life-threatening illness or injury, requiring intensive medical care.

Distraught

Deeply upset and agitated, often as a result of distress or worry.

Respiratory Illness

A broad category of diseases that affect the lungs and airways, such as asthma, bronchitis, or pneumonia.

Crisis

An acute, time-limited state of disequilibrium resulting from situational, developmental, or societal sources of stress