Author Question: Suess signed a contract which included a covenant not to compete with his employer for a year if he ... (Read 41 times)

oliviahorn72

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Suess signed a contract which included a covenant not to compete with his employer for a year if he left the firm. When Suess quit, he went into competition with his former employer and was sued. He argued that the covenant was not valid. The court held:
 a. Suess was right, such covenants are void under federal law b. in all states, such covenants violate public policy
  c. such covenant are unconscionable in all states
  d. the covenant was not backed up by consideration, so there was no contract to be violated e. none of the other choices

Question 2

Which of the following must be contained in a certificate of limited partnership under the Uniform Limited Partnership Act:
 a. contributions of each partner
  b. names and addresses of each general and limited partner
  c. the address of an agent who is designated to receive legal process d. the proportion of the profits that each partner is entitled to receive e. all of the other choices are correct



srodz

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Answer to Question 1

e

Answer to Question 2

e



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