Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Judy opens a coffee shop across the street from another coffee shop run by Anne. Anne is disturbed by this competition, and she agrees to
Judy opens a coffee shop across the street from another coffee shop run by Anne. Anne is disturbed by this competition, and she agrees to pay Judy $5,000, in exchange for Judy's promise to quit the business and not to engage in a similar business within ten-mile radius of Anne's business. Is this contract legal and enforceable? Why or why not? If the agreement is not enforceable, how might Judy and Anne restructure it to increase its chances of being legal?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started