Question
Todd has a tax service and accounting business in Bossier City. He decides to move to Monroe, which is 100 miles away and sells his
Todd has a tax service and accounting business in Bossier City. He decides to move to Monroe, which is 100 miles away and sells his accounting practice to Johnson & Johnson, a CPA firm. In the sales contract, he agrees that he will refrain from practicing accounting anywhere within a 20-mile radius of Bossier City for a period of two years. However, on weekends he returns to his house in Bossier City, and when clients call him, he meets with them in his home. The sales agreement:
Select one:
a.
is being violated by Todd.
b.
is invalid, because it is an illegal restraint of trade.
c.
will be divided into an enforceable, valid portion and an unenforceable, invalid portion, which is the time provision, because the two-year period is too long.
d.
is illegal, because it is a violation of public policy.
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