Mario,a Professional Entertainer,entered into a One-Year Contract with Barnum to Perform

question 9

True/False

Mario,a professional entertainer,entered into a one-year contract with Barnum to perform exclusively at Barnum's theatre,and to perform nowhere else during that period of time.A week after the agreement was signed,Mario entered into another agreement with a competitor of Barnum to perform at his opera house.
-Barnum is entitled to treat Mario's actions as a breach of his contract.

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Definitions:

Nonprofit Corporation

An organization whose primary objective is to support an issue or matter of private interest or public concern for non-commercial purposes, without intending to generate profit for owners.

Transfer Rights

The legal ability to transfer one's interest or rights in a piece of property, asset, or contract to another party.

Restrictions

Limitations or conditions imposed by law, regulation, or agreement that control how something can be used or what actions can be taken.

Buy-and-Sell Agreement

A legally binding agreement between co-owners that outlines what happens to a co-owner's share of a business if they leave the business or pass away.