Asked by

Mohamed Alsaidi
on Nov 29, 2024

verifed

Verified

An agreement to refrain from a particular trade, profession, or business is enforceable if two requirements are met: that the purpose of the restraint is to protect a property interest of the promisee and the restraint is no more extensive than is reasonably necessary to protect that interest.

Property Interest

A legal right or claim to property, including ownership, use, or investment stakes.

Enforceable

Capable of being imposed or carried out by legal process or by force; applicable to obligations or contracts that can be legally compelled.

  • Understand the enforceability of agreements regarding trade, profession, or business limitations.
verifed

Verified Answer

PB
Pauline BallucanagDec 03, 2024
Final Answer:
Get Full Answer