1.Alvin, a real estate broker, is the owner of a business in Manhattan known as Alvin's Apartments. It conducted its business exclusively in Manhattan. On July 1, Alvin sold the business to Jimmy for 150,000. The contract dictated that Jimmy would operate the business under the same name "Alvin's apartments" as it had always been called. The agreement explicitly provided that Alvin himself would not compete with Jimmy for five years within the borough of Manhattan. Jimmy paid 150,000 and started to operate the business. On August 1, Jimmy discovered that Alvin had just opened a new real estate broker's office in Manhattan, just a few blocks from his original office.

a. What rights does Jimmy have against Alvin? Fully Explain.

b. Would your answer to (a) be different if the agreement said that Alvin could not compete with Jimmy for five years within the state of New York and if Alvin had then opened up a real estate broker's office in Buffalo, New York, several hundred miles from New York City? Fully Explain