In Ascent Financial Services Ltd

question 121

Multiple Choice

In Ascent Financial Services Ltd. v. Blythman, the Court decided

• A) that Anna and Art were in neither in breach of the sale of goodwill agreement nor the non-competition agreement.
• B) that Carolyn and Don were in breach of only their fiduciary duty.
• C) that Anna and Art were in breach of both the sale of goodwill agreement and the non-competition agreement, as well as their fiduciary duty.
• D) that Carolyn and Don were in breach of both the sale of goodwill agreement and the non-competition agreement, as well as their fiduciary duty.
• E) that Anna only and not Art was in breach of her fiduciary duty.

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Definitions:

Expert Power

The influence held by an individual due to their knowledge or skills in a specific domain.

Product Quality Assurance

The process of ensuring that a product meets established standards of quality, including reliability, usability, and performance.

Retract

To withdraw a statement, accusation, or commitment, often formally or publicly.

Defect

A flaw or imperfection in a product, system, or process that detracts from its intended function.