All Contracts That Have the Effect of Restricting Competition Are

question 135

True/False

All contracts that have the effect of restricting competition are void.

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Definitions:

Strict Liability

A legal doctrine holding an individual or entity responsible for damages or harm caused by their actions, regardless of negligence or intent.

Registration Statement

A document submitted to the Securities and Exchange Commission (SEC) containing details about a company's financial status and operational plans, for approval to sell securities to the public.

Shelf Registrations

A regulatory provision that allows an issuer to register new securities without immediately selling them, facilitating future offerings.

Continuous Basis

A term indicating that an activity or action is conducted without interruption or cessation; ongoing.