A Contract Limiting the Rights of Others to Go into Business

question 217

Multiple Choice

A contract limiting the rights of others to go into business in a specific industry or line of business for a specified period is called a

• A)noncompete covenant.
• B)patent.
• C)copyright.
• D)trademark.

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Definitions:

Withdrawal

The action of removing oneself from participation in an activity, situation, or group, often as a means of coping or protest.

Progression

refers to the process of developing, advancing, or moving forward, whether in terms of career, skills, or achievements.

Withdrawal

A psychological or physical retreat from a situation, relationship, or obligation.

Progression

Refers to the act of moving forward or advancing towards a more developed state or stage.