First Business Solutions, Inc

question 13

Essay

First Business Solutions, Inc., develops and implements online sales strategies for its clients. First Business hires Gideon to plan and execute an e-commerce strategy for marketing Western Skye Company's products. Gideon signs a contract that includes a clause prohibiting him from competing with First Business during and after the employment. After the plan is formed but before it is implemented, Gideon resigns from First Business's employ and opens a competing business. In First Business's suit against Gideon, what is the most important factor the court should consider in determining whether Gideon should be allowed to compete with First Business?

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Definitions:

Merchandise

Goods that are bought and sold in commerce, particularly those related to retail trade.

Services

Intangible products that are consumed at the point of sale and do not result in ownership of physical goods.

Net Exports

The balance of a nation's trade, measured by subtracting its imports from its exports of goods and services.

Depreciation

The process of allocating the cost of a tangible or physical asset over its useful life, reflecting the decrease in value of an asset over time due to use, wear and tear, or obsolescence.