Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Walt Shoddy, the owner of ShoddyShoe Repair, was contemplating retirement. He therefore contracted to sell his business to Pauline Parker. ShoddyShoe Repair was located in

Walt Shoddy, the owner of ShoddyShoe Repair, was contemplating retirement. He therefore contracted to sell his business to Pauline Parker. ShoddyShoe Repair was located in Hoosierburg, Indiana, which has a population of 5,233. Besides containing a provision entitling Parker to use the ShoddyShoe Repair name for the business, the parties' contract included a clause that prohibited Shoddyfrom opening anycompeting shoe repair shop in Hoosierburg for a period of one year from the date of the parties' contract. Two months after the date of the contract (and one and one-half months after the sale of the business to Parker had been completed), Shoddygrew tired of retirement. As shoe repair had been his life's work, he opened up a shoe repair shop in Hoosierburg. Parker has sued him in an effort to obtain an injunction against his operation of the competing business, alleging a violation of the parties' contract. How is the court likelyto rule? Explain your reasoning.

one page analysis is required

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Physics

Authors: Alan Giambattista, Betty Richardson, Robert Richardson

2nd edition

978-0077339685

Students also viewed these Law questions