Which of the Following Restraints of Trade Would NOT Be

question 10

Multiple Choice

Which of the following restraints of trade would NOT be likely to be valid?

• A) A restraint upon a solicitor from carrying on business in the same city for one year after the sale of the practice.
• B) A restraint upon the vendor of a business from carrying on a similar business within the same district in the next 3 years.
• C) A restraint upon an employee from divulging trade secrets.
• D) A restraint upon the vendor of a business from carrying on a similar business anywhere for the rest of his life.

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Definitions:

Costs

The value of resources spent in the process of producing or providing goods and services.

Cost Formula

A mathematical expression or equation used to calculate the total cost of production, taking into account fixed costs, variable costs, and output levels.

Activity Level

The degree to which resources are utilized in the production process, often measured in units produced, machine hours, or direct labor costs.

Total Cost

The sum of all expenses involved in producing a good or delivering a service, including fixed and variable costs.