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In Deciding Whether or Not a Non-Competition Clause Is Enforceable,a

question 61

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In deciding whether or not a non-competition clause is enforceable,a court will

Recognize the role of genetic and genomic research, including the ENCODE project, in elucidating the functional components of the human genome and their application in biomedical sciences.
Understand the importance of appropriate settings for different types of therapy groups.
Recognize the significance of establishing mutual respect and group norms for the success of therapy groups.
Identify and describe therapeutic factors such as universality, group cohesiveness, and the development of socializing techniques in group therapy.

Definitions:

Effective Interest Rate

The actual cost of borrowing or the actual yield on savings, taking into account the compounding of interest over time.

Market Interest Rate

The prevailing rate of interest that is available on investments, influencing the cost of borrowing and lending money.

Periodic Bond Interest

Regular interest payments made to bondholders during the life of a bond.

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return, used in discounting and investment appraisal.

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