Goofy was a manager of Superstar Ltd, a real estate agent company specializing in the village houses market in the New Territories. He had an agreement with Superstar Ltd that he would not compete against the company within 10 kilometers of its office premises for 10 years. One month after his employment contract ended, Goofy formed a company, Megastar Ltd in which his wife and himself were the sole shareholders and directors. Megastar Ltd is located just 1 kilometer away from Superstar Ltd. When questioned by the directors of Superstar Ltd, Goofy responded that he personally did not compete against Superstar Ltd or receive any profits from Megastar Ltd.- Required: Advise whether Goofy will be held liable for the breach of his agreement with Superstar Ltd. - (Total for Question 1: 25 marks, limit your answers to no more than 650 words)