Why Are Contracts Prohibiting Competition with a Buyer of a Business

question 6

Multiple Choice

Why are contracts prohibiting competition with a buyer of a business or an employer generally assignable with the sale of the business?

• A) To protect the goodwill of the business
• B) To protect the employees from losing their jobs
• C) To protect the interest of the public
• D) To protect wage earners from unwisely impoverishing themselves

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Definitions:

Affective Inventory

A tool or measure utilized to assess the range and intensity of an individual's emotional responses or mood states.

Anxiety

A feeling of worry, nervousness, or unease about something with an uncertain outcome, often reflecting a concern about future events.

Depression

A behavioral health disorder denoted by a lasting feeling of despondency or loss of pleasure in activities, notably affecting everyday functionality.

MMPI-2

The Minnesota Multiphasic Personality Inventory-2, a widely used standardized psychometric test of adult personality and psychopathology.