Asked by
Nehilah Joseph
on Nov 21, 2024Verified
What would likely be the outcome of Lisette's breach of contract claim against Peri?
A) Peri would likely be successful because covenants not to compete in conjunction with the sale of a business are generally not enforceable.
B) Peri would likely be successful because, although covenants not to compete in conjunction with the sale of a business are generally enforceable, Lisette's contract was unreasonable in that it would have restricted Peri from opening any business.
C) Peri would likely be successful because covenants not to compete in employment contracts are generally enforceable and Lisette's contract was for a reasonable length of time and a reasonable location.
D) Lisette would likely be successful because covenants not to compete in conjunction with the sale of a business are generally enforceable and Lisette's contract was for a reasonable length of time and a reasonable location.
E) Lisette would likely be successful because covenants not to compete in employment contracts are generally enforceable and Lisette's contract was for a reasonable length of time and a reasonable location.
Covenants Not to Compete
Agreements often included in employment contracts that restrict an employee's ability to engage in business activities that compete with their employer after the employment ends.
Sale of Business
The process or transaction in which ownership of a business is transferred from one party to another.
Breach of Contract
The violation of any terms or conditions in a contract without legal justification.
- Acquire knowledge on the enforceability aspects of covenants not to compete along with clauses that release individuals from legal responsibility.
Verified Answer
VV
Learning Objectives
- Acquire knowledge on the enforceability aspects of covenants not to compete along with clauses that release individuals from legal responsibility.