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Zielflug [23.3K]
3 years ago
15

Three salesmen worked for Sentient Jet, a small luxury airline charter service. They signed a noncompete agreement, promising no

t to go to work for a competing employer within a year after working for Sentient and not to take any confidential information with them when they left the firm. When there was a change in the CEO of their firm and talk of the company possibly being bought out, the employees left the firm and went to work for Apollo Jets, a competitor, and allegedly took proprietary information with them that allowed them to solicit former Sentient clients. The plaintiff sought damages and an injunction to ban the employees from working for a competitor for a year. Defendants argued that material changes in circumstances should have made the non compete agreement enforceable. How do you think the jury decided in this case
Business
2 answers:
AVprozaik [17]3 years ago
6 0

Answer:

For this situation, the choices ought to be against the three workers. This is principally because of the way that the inability to execute the understanding will bring about the hopeless damage which can be looked by the previous managers. The odds of a material change any inconclusive time later on doesn't bring about any sort of material change.  

Simultaneously, if there is an adjustment in the administration of the association, it doesn't bring about any sort of material change which can be used by somebody in that reality that the contract not to contend was revoked.

Evgesh-ka [11]3 years ago
3 0

Answer:

The jury will most likely rule in favour of the Plaintiff Sentient Jet

Explanation:

A non compete is a agreement between an employer and an employee. The employee agrees not to work for a competitor in a similar profession for a given period. Proprietary information should not be taken from the company to another. Customers of the former employer should also not be solicited.

In this scenario the three employees have clearly violated the non compete they signed by working for Apollo Jets, a competitor, and allegedly took proprietary information with them that allowed them to solicit former Sentient clients.

Based on the facts of the case the jury will rule in favour of the plaintiff.

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Hines Cosmetic Co. sold beauty preparations nationally to beauty shops at a standard or fixed- price schedule. Some of the shops
babymother [125]

Answer:  No,the company is not guilty.

Explanation:  In the given case, Hines could not be considered guilty of price discrimination as the price charged from different shops was same. The free samples were distributed for the purpose of campaign and the discretion to which shop they want to provide lies completely with the company.

Price discrimination refers to the practice of charging different prices from different customer which the company have definitely not done.

Hence, Hines could not be charged of guilty of price discrimination.

6 0
2 years ago
A company rents a building with a total of 50,000 square feet, which are evenly divided between two floors. The company allocate
shtirl [24]

Answer:

$8,000

Explanation:

The computation of the monthly rental expense allocated is shown below:

Rent allocated to 1st floor:

= $30,000 × 2 ÷ 3

= $20,000

There is 50,000 square feet i.e. equally divided between first floor and second floor. so 25,000 square feet for each floor.

Now  

Rent allocated to 10,000 square feet:

= ($20,000 ÷ 25,000) × 10,000

= $8,000

8 0
2 years ago
How physical asset valuation (PAV) and research and
stellarik [79]

Answer:

We'll take this one after the other.

A. First Physical Asset Valuation (PAV) refers to the act of writing up or writing down the carrying value of an organisations assets in its balance sheet.

In simple terms, it refers to increasing upwards or downwards the value of an organisations asset in its balance sheet.

When assets are written down, the following are likely to occur:

Critical changes to an organization’s business model or strategy, such as termination of the business and  loss of a regulatory licence;

A significant reduction in the cash flow or bottom line of the business;

when the long term growth rates, interest rates or other financial factors such as prices or value of currencies, upon which a business valuation based decline, this impacts the valuation of an asset negatively.

   

B. Research and  Development (R&D)

R&D refers to all the studies, scientific investigations and experiments carried out to enable the discovery and creation of a new or innovative product or service that is more efficient and effective.  

       

The reason there is a risk associated with R&D is that there are usually many elements of uncertainty.  

The ideas being tested are usually novel and have not been tried before.  

Some of the risks associated with R&D are:

the possibility that the new product will fail in the market;

a new product or service that is does not work

the possibility of cost creep. That is a situation where the cost of the R&D outweighs the potential profit from the product or service.

Cheers!

6 0
3 years ago
A. medical payment auto 1. covers insured for life; is paid on for a specific-
ivolga24 [154]

Answer:

E. property damage auto 5. pays if insured is at fault and someone else's-  

property is damaged

5 0
3 years ago
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Assume that Abby, Ben, Clara, Joe, and Matt are the only citizens in a community. A proposed public good has a total cost of $1,
serg [7]

I THINK ITS MIDDLE FINGERS AT THESE AHOLE MODERATORS

6 0
3 years ago
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