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cupoosta [38]
3 years ago
12

Rami Essaid worked for a large computer security firm. As part of his employment agreement, he had been told about and initialed

on his contract a noncompete clause that prevented him from starting his own firm or working for a competitor in the area of computer security for six months following his termination of employment, for whatever reason. Rami quit his job and started his own firm that specializes in protecting websites from automated computer programs, the same type of work that he was doing for his former employer. His former employer has brought suit to stop Rami from operating his company for six months. Which of the following statements is correct? The noncompete clause is unenforceable because it inhibits his ability to earn a living. The noncompete clause is unenforceable because it runs for too long a time period. The noncompete clause is unenforceable because noncompete clauses are void. The noncompete clause is enforceable.
Business
1 answer:
BartSMP [9]3 years ago
3 0

Unfortunately, since Rami has already signed a non-compete clause for six months following his resignation from his previous workplace, he must stop operating his business is he does not want to be sued by them. This is because (D) the non-compete clause is enforceable.

Most non-compete clause can only be challenged if Rami’s business operations or his past employers are located in a state that does not support non-compete agreements, such as California.

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Allegheny Company ended Year 1 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $70,000 and $3,600, r
tatyana61 [14]

Answer:

Uncollectible account expense  $8,600

Explanation:

The computation of the amount as the Uncollectible Accounts Expense on its Year 2 income statement is given below:

Allowance account - Beg year 2    $3,600 Credit

Written off account   $6,600    Debited by

 Unadjusted balance in Allowance account  $3000  Debit

Adjusted balance required in Allowance account  $5,600  Credit

Uncollectible account expense  $8,600

6 0
3 years ago
Which of the following institutions makes up the largest part of the Federal Reserve System organization
vlada-n [284]

The Correct answer choice for question 1 is : <u>Federal Reserve Banks</u>

<h3>What is Federal Reserve Banks?</h3>

While the Board of Governors is a sovereign government agency, the Federal Reserve Banks are set up like private companies. Member banks hold stock in the Federal Reserve Banks and earn profits. The Federal Reserve's interest is determined principally from the interest on U.S. government securities that it has received through open market operations.

                                                   AND

The Correct answer choice for question 2 is : <u>Buy government securities</u>

<h3>What is Recession?</h3>

A recession is a business cycle recession which occurs in a general slowdown in financial activity. Macroeconomic indicators such as GDP, finance spending, capacity utilization, household income, business profits, and inflation fall, while failures and the unemployment rate rise.

Therefore, we can conclude that the correct option of 1 is (B) and 2 is (A).

Your question is incomplete, but most probably your full question was:

1. Which of the following institutions makes up the largest part of the Federal Reserve System organization?

A. Board of Governors

B. Federal Free Market Committee

C. Federal Reserve Banks

D. Member banks and other depository institutions

2. If the United States falls into a recession, which action would the Federal Reserve take to encourage employment?

A. Buy government securities

B. Increase reserve requirements

C. Raise federal funds and prime rates

D. Sell government securities

Learn more about Federal Reserve System on:

brainly.com/question/999538

#SPJ4

7 0
2 years ago
QS 6-4 Perpetual: Inventory costing with FIFO LO P1 A company reports the following beginning inventory and two purchases for th
pogonyaev

Answer:

$544

Explanation:

LIFO means last in first out. It means it's the last purchased inventory that is the first to be sold.

The cost of the 250 units sold would be first deducted from the inventory purchased on the 25th

= 100 × 2.34 = $234

That leaves 250 - 100 = 150 units.

The cost of goods sold would be next allotted to the inventory purchased on the 9th

= 50 × 2.20 = $110

This leaves 150 - 50 = 100

The cost of the 100 would be alloted to the beginning inventory

100 × $2 = $200

Total cost of goods sold = $200 + $110 + $234 = $544

I hope my answer helps you

5 0
3 years ago
_____________, fill in the blank, requires that sales associates be friendly, knowledgeable, and helpful.
seraphim [82]

It should be noted that Personal selling requires that sales associates be friendly, knowledgeable, and helpful.

<h3>What is Personal selling all about?</h3>

Personal selling  can be regarded as face-to-face selling where someone  who is the salesman tries to convince the customer in buying a product.

It serves as a promotional method by which the salesperson uses his or her skills to sell goods.

Learn more about Personal selling at;

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3 0
2 years ago
Which of the following would be considered careers in natural resources (select two answers)
sp2606 [1]
D-Ranger is the right answer
5 0
3 years ago
Read 2 more answers
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