Question

When Randy, an electrician, accepted a job with Buren Construction, Randy signed the following agreement: "Upon termination of my employment with Buren Construction, I agree never to work for another employer as an electrician." If Randy resigns from Buren Construction, this agreement would be upheld under the theory of freedom of contract.
a.true
b.false

Answer 1

Answer:

false                  

Explanation:

Contract freedom requires the right of people and associations to enter into contracts despite government constraints. This is contrary to government legislation like those of minimal wage rules, antitrust laws, trade sanctions, value-fixing limits or contract prohibitions for undocumented employees.

            Contract freedom is really the underlying basis behind laissez-faire principles and it is a pillar of liberalism throughout the market economy. By contractual right, individuals have the standard right to choose among whom to negotiate, how and when to negotiate or otherwise, and on what conditions to agreement.