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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bring about any sort of material change which can be used by somebody in that reality that the contract not to contend was revoked.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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Brad owns a small townhouse complex that generates a loss during the year.
My name is Ann [436]

Answer:

a. Brad might be allowed to deduct up to $25,000

or Brad may be allowed to deduct the loss if he works more than 750 hours as a material participant in connection with the townhouse complex and more than half of personal service.

b. The reduction is equal to 50% of AGI in excess of $100,000. The deduction will be phased out completely if AGI reaches $25,000

Explanation:

Adjusted Gross Income is the final taxable income after all the allowable deductions are adjusted in the income. A tax payer can deduct up to $25,000 for the passive losses. This is standard deduction which Brad can deduct from the income.

7 0
3 years ago
Why did the artist, Pablo Picasso, become wealthy during his lifetime and the artist, Vincent van Gogh, remain poor his entire l
Harman [31]

<u>The reason that Pablo Picasso, become wealthy during his lifetime and the artist, Vincent van Gogh, remain poor his entire life:</u>

Pablo Picasso and Vincent van Gogh had more features in common. They had unanimously indistinct style of arts which had become immediately identifiable.

In spite of all that, Picasso died as a rich man owning an estate which is estimated at nearly 750 million dollar whereas Van Gogh died as a pauper.

Studies claim that the reason behind this would be that, Van Gogh remained to be a loner and socially inactive. He was depending on his brother to meet the social world and in contrast Picasso was a charismatic active member in various social clubs where her had multiple number of contacts and connections.

It's been said that Pablo Picasso was a hub who had a vast network of social lines and Vincent Van Gogh was a silent or solitary node.

But now, the paintings of both the greatest artists were well spoken and sell for more than 100,000,000 US Dollars.

5 0
3 years ago
Suppose 90-day investments in Britain have a 6% annualized return and a 1.5% quarterly (90-day) return. In the U.S., 90-day inve
Vilka [71]

Answer:

1 pound = $1.6582

good luck

5 0
3 years ago
Greenfield ventures, like all market entry strategies, can pose serious problems to achieving foreign market entry success. What
vagabundo [1.1K]

Answer:

Greenfield ventures, like all market strategy requires managerial experts who have a track record of bringing in new business, with a focus of growing the subsidiary firms.

Explanation:

Greenfield are a common market entry strategy used by large cooperation, where managerial talents are used in growing a new subsidiary business.

6 0
3 years ago
The budgeted production of​ taurus, inc. is 12,000 units per month. each unit requires 30 minutes of direct labor to complete. t
Elina [12.6K]

The correct answer is $540,000.

In order to calculate the budgeted cost of direct labor for the month you must first calculate the amount of labor that is required.

In this example there are 12,000 unites being produced and each unit requires 30 minutes of labor. The total amount of labor is 12,000 x .5 hours = 6,000 hours of labor.

The cost of the labor is $90 per hour, so the cost of the budgeted labor is $90 x 6,000 hours, which is a total of $540,000. The total budgeted cost of direct labor for the month is $540,000.

6 0
3 years ago
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