Cargo Carrier Company Files a Suit Against Distribution & Transport

question 8

Multiple Choice

Cargo Carrier Company files a suit against Distribution & Transport Inc.(D&T) .Before the case goes to trial, they enter into a settlement agreement that includes a confidentiality clause.Cargo announces its satisfaction with the terms to its employees.Elron, an employee, posts comments about the terms on Twitter.On discovering the posts, D&T asks a court to invalidate the agreement.Most likely, the court will hold that the agreement is

• A)no longer enforceable because Cargo breached it.
• B)enforceable because Elron is not a direct party to it.
• C)enforceable because Elron's's posts are outside the agreement.
• D)enforceable because Cargo did not criticize the agreement.

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Definitions:

Amortized Loan

A loan repaid in equal periodic amounts (or “killed off” over time).

Repayment Of Principal

The process of paying back the original amount borrowed in a loan, excluding any interest charges.

Effective Annual Return

The interest rate on an investment on an annual basis, accounting for the effect of compounding more than once per year.

Nominal Interest

The rate of interest before adjustments for inflation; the stated interest rate on a financial product.