Question 34

1. Elvis Presley enters into an agreement to sell his Blue Suede Shoes store to Michael Jackson.Some of the terms of the agreement required Presley to promise to never open a similar, competing store anywhere in the world. This promise is most likely
2. a. invalid because of the unreasonable terms of area and time.
3. b. valid because it is part of a sale of an ongoing business.
4. c. valid if Presley and Jackcon are reasonably intelligent.
5. d. invalid because it is part of a sale of an ongoing business.