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Nataly_w [17]
3 years ago
12

Marilyn sells her highly successful travel agency to Adelle. In the sales contract, Marilyn agrees never to open a travel agency

in the United States. Which of the following best describes this contract clause?a. Binding as fair protection.b. Unenforceable as a violation of public policy.c. Valid as a reasonable restraint on trade.d. Void as an illegal violation of a statute.
Business
1 answer:
vlabodo [156]3 years ago
8 0

Answer:B. Unenforceable as a violation of public policy.

Explanation: The contract which Marilyn entered with the buyer of her firm is Unenforceable as a violation of public policy. Under Normal public policy no one should be Prevented from going into any business once it is Legal and was done According to the laws of the land. In a capitalist Economy like the United States of America, private ownership of Businesses is encourage,if Marilyn finally opens a new travel agency,it will not be enforceable by the law to prevent her or stop her Business.

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controlling i think

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3 years ago
According to John Kotter, which of the following actions will adversely influence refreezing efforts?A) the absence of a visionB
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D) declaring victory too soon

Explanation:

John Kotter in this theory of leadership explains the concept and importance of change. He basically believes that the company shall be currently functional.

By the term currently functional he means that the company shall be updated and working on with the current market trend. This means the company shall not be resistant to change and that the management shall take a note of it.

Further in the moving scenario there is no freezing point - the company shall constantly work on the new things which it can improve and excel.

Thus, final confirmation cannot be made soon as towards the change made.

6 0
3 years ago
Kevin bought 265 shares of Intel stock on January 1, 2019, for $76 per share, with a brokerage fee of $165. Then, Kevin sells al
garri49 [273]

Answer:

$2800

Explanation:

To find the Gain or loss on the sell of shares we jus need to deduct cost of purchasing and brokerage fee from sale proceeds

12 DECEMBER 2019

Gain/loss = Sales proceeds- Total Cost to purchase - Cost to sell

Gain/loss= ($88 x 265) - $20,305 - $215

Gain/loss= $23,320 - $20,305 - $215

Gain/loss= $2800

WORKINGS

Purchase 1 Jan 2019

265shares x $76per share =  $20,140

Total cost to purchase = $20,140 + $165(brokerage fee)

Total cost to purchase =  $20,305

Cost to sell = $215(brokerage fee)

3 0
3 years ago
A certain marble quarry provides a unique type of marble that is richly colored and strikingly veined. It has been used for chur
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a. The cost of the marble will be expensive because of the bargaining power of the supplier.

Explanation:

3 0
3 years ago
According to the invisible hand concept, the best way for a society to encourage the creation of jobs and the production of the
evablogger [386]

Answer:

The correct answer is C

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The concept of the invisible hand, is the concept in which the unobservable market force, helps the supply and the demand of the goods to reach at equilibrium in a free market.

As per this concept, the best method for society in order to encourage the jobs creation and the production of products demanded by consumers would be to allow the personal freedom entrepreneurs to follow their self interest.

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3 years ago
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