Inventory Control Corporation (ICC)hires Jim,a Minor,to Create Customized Software for ICC's

question 38

Essay

Inventory Control Corporation (ICC)hires Jim,a minor,to create customized software for ICC's clients.Jim signs a contract that requires him to work for ICC for eighteen months.Before beginning work,Jim tells ICC that he will not work for ICC but is going to work for Kwik Kounts,Inc. ,an ICC competitor.Is ICC's contract with Jim en?forceable? Why or why not?

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Definitions:

US$ Per C$

A currency exchange rate that shows how much US dollars is worth in Canadian dollars.

Importer

An individual or company that buys goods or services from abroad for sale in their home country.

Service Charge

A fee collected by a bank, institution, or service provider for the provision of a service, often associated with transactions or account maintenance.

€

The symbol for the Euro, a currency used by many countries in the European Union.