Question
Please answer each of following questions in about 100 wrds. (60 points) What is a restrictive covenant in employment and when it could be enforceable?
Please answer each of following questions in about 100 wrds. (60 points)
What is a restrictive covenant in employment and when it could be enforceable? (Mention in your answers at least three examples of restrictive covenants). (15 points)
Describe the three ways that an employment relationship can be terminated. (15 points)
What are the duties of the seller under the Sales of Good Act? (15 points)
How is the bankruptcy process initiated and what are the available alternatives to it? (15 points)
PART 2
Please answer each of following cases in about 100 -150 wrds. (40 points)
Case Analysis Questions: For each of the following cases provide a brief fact sheet, legal issues and analysis. Feel free to make any assumptions if needed.
Mary wanted to open her own coffee place. She did some research and found out "Second Cup" had not properly registered its trademark. So, Mary decided to use the name "First Cup" on her coffee cups and outside of her shop as a sign. Few weeks later Second Cup sued Mary for breach of trademark. What is the likelihood of the lawsuit? (20 points)
Jay and Jill are married. Bank 1 has a mortgage on their house. Because Jay has a new job requiring travel to neighboring cities, they purchase a second car for Jill's normal household use, financed by Bank 2. They sign a security agreement with Bank 2 but Bank 2 forgot to register their security interest. If they were to default on their house payments, what Bank 1 and Bank 2 do to take back their money? (20 points)
Step by Step Solution
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Step: 1
Answer 1 A restrictive covenant in employment is a contractual provision limiting an employees actions postemployment Examples include noncompete clauses preventing employees from working for competit...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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