Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

: Jimmy, the owner of Jimmy's Computer Store, was contemplating retirement. He therefore contracted to sell his business to Robin. Jimmy's Computer Store was located

:Jimmy, the owner of Jimmy's Computer Store, was contemplating retirement. He therefore contracted to sell his business to Robin. Jimmy's Computer Store was located in Kirksville, Missouri, which has a population of 18,000. Besides containing a provision entitling Robin to use the Jimmy's Computer Store name for the business, the contract included a clause that prohibited Jimmy from opening any competing computer shop in Kirksville for a period of one year from the date of the contract. Two months after the date of the contract, Jimmy grew tired of retirement. As selling computers had been his life's work, he opened up a computer shop in La Plata. Robin sued him in an effort to obtain an injunction against his operation of the competing business, alleging a violation of the parties' contract. How is the court likely to rule? Carefully answer and explain the relevant law; both the general rule and the exception

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Smith And Keenans Law For Business

Authors: Denis Keenan

13th Edition

1405824042, 978-1405824040

More Books

Students also viewed these Law questions

Question

What cross-checks should be carried out?

Answered: 1 week ago