q1: Pursuant to the Statute of Frauds, which of the following must be in writing and signed by the parties in order to be enforceable? Check all that apply.

__ (a) Contract concerning an interest in land

__ (b) Promise made by an Executor to settle a claim our of her own personal estate

__ (c) Guarantee

__ (d) Assault

__ (e) All of the above

Assume that your company, SHOWUS, wants to enter into a contract with a regional cell service provider.Your company wants to ensure that the contract with the regional cell service provider is for a fixed term of 5 years, and cannot be terminated before that first 5-year term expires.Further, you want to ensure that after that first 5-year term the contract is renewable for additional 5-year term unless terminated by one year's notice.SHOWUS does not want the parties to have the ability to terminate the agreement after only one year.The termination clause should only apply to the 5-year renewal periods, not the first 5-year period.Which of the following clauses will correctly capture what SHOWUS wants in the contract.

Answer:

__ (a) "This Agreement shall continue in force for a period of five years from the date it is made, and thereafter for successive five year terms, unless and until terminated by one year's notice in writing by either party."

__ (b) "This Agreement shall continue in force for a period of five years from the date it is made and thereafter for successive five year terms, unless and until terminated by one year's notice in writing by either party."

__ (c) "This Agreement shall continue in force for a period of five years from the date it is made, and thereafter for successive five year terms unless and until terminated by one year's notice in writing by either party."

__ (d) "This Agreement shall continue in force for a period of five years from the date it is made and thereafter for successive five year terms unless and until terminated by one year's notice in writing by either party."

__ (e) Dissolve the corporation

q3: "For a period of two (2) years after the Closing Date and within a radius of 30 kilometres of Charlottetown, the Seller shall not organize or participate in the organization of any firm, partnership, corporation, joint venture, sole proprietorship or other business entity, if such firm, partnership, corporation, joint venture, sole proprietorship or entity is engaged or to be engaged in any similar business, conduct or activity in competition with that of the Company or the Purchaser."

This clause is an example of:

Answer:

__ (a) Non-solicitation clause

__ (b) Non-competition clause

__ (c) Confidentiality clause

__ (d) All of the above

__ (e) None of the above