An Agreement Signed by Lowry, the President of an Automobile

question 21

True/False

An agreement signed by Lowry, the president of an automobile company, not to work for any competitors during the term of his employment in the company is unlawful according to restraint of trade.

---

Definitions:

Probability

A measure quantifying the likelihood that an event will occur, ranging from 0 (impossible event) to 1 (certain event).

Transponders

Electronic devices that receive and respond to signals automatically, used especially in navigation and communication.

Toll Booth

A station on a bridge, road, or tunnel where travelers pay a fee or toll for access to continue their journey.

Continuous Probability Distribution

A function that describes the likelihood of any outcome of a continuous random variable within a range.