Why Are Contracts Prohibiting Competition with a Buyer of a Business

question 40

Multiple Choice

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

• 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 the value of the assets to be sold.

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Definitions:

Financial Analysis Tools

Techniques and software applications used to evaluate and examine financial statements and trends for business analysis and decision-making.