1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mojhsa [17]
3 years ago
5

A contract clause that restricts competition for a specified period of time, within a certain geographic area, and for specified

activities is known as a(n):
a.entire agreement clause.
b.arbitration clause.
c.cleanup clause.
d.noncompete clause.
e.exclusion clause.
Business
2 answers:
Lynna [10]3 years ago
6 0

Answer:

Non-compete clause

Explanation:

Non-compete clause is a clause under which one party (usually an employee) accepts not to go into or start a similar profession or trade in competition against another party (usually the employer). Some courts call these "restrictive covenants".

zzz [600]3 years ago
4 0

Answer: D. Non-compete clause

Explanation: Also referred to as restrictive covenant clause, a non- compete clause is a legal binding which is entered into by two organizations in other to put in place restrictive authorizations preventing the parties involved from trading, selling, producing or offering a similar service which offers competition for the services or goods produced by the other party during a specified time frame or certain location as the case may be. The restriction may be binding on both parties not to embark on the services rendered by each organization or the clause may be binding on just one of the organizations depending in the terms of the agreement or clause.

You might be interested in
Marker Corp. exchanged an old truck for a piece of equipment and cash on January 1st 2019. The truck was purchased at a cost of
LiRa [457]

Answer:

There is a 1,500 gain

Explanation:

we have commercial subtance so we can recognize gain/loss

these will be the numebrs of the transaction:

truck

purchase             24,000

acc depreciation 17, 000

book value            7, 000

equipment 8,000

cash               500

total            8,500

received - given up = gain/loss

8,500      -    7,000  = 1,500 gain

the journal entry would be

Equipment      8,000 debit

cash                    500 debit

acc dep truck 17,000 debit

           Truck              24,000 credit

          gain on disposal 1,500 credit

3 0
3 years ago
Assume that consumers' incomes and the number of sellers in the market for good A (a normal good) both decrease. Based upon this
Vadim26 [7]

Answer:

Quantity will Increase

Explanation:

As we know that when market is in equilibrium so the demand curve should be intersected the supply curve. At the time when there is an increase in suppliers so supply curve shift rightward due to which the consumer income would increase and this result in more demand. So the demand could be shift in rightward

So here the price should be the same but the quantity is increased

4 0
3 years ago
If the firm is operating at full capacity and no new debt or equity is issued, what external financing is needed to support the
Bond [772]
İ dont kunov ben Türk’üm bu arada
4 0
3 years ago
Suppose Ernie gives up his job as financial advisor for P.E.T.S., at which he earned $30,000 per year, to open up a store sellin
8_murik_8 [283]

a) Ernie's accounting profit is <u>$40,500</u>.

b) Ernies economic profit is <u>$10,500</u>, excluding the salary forgone (opportunity cost) from the accounting profit.

<h3>What is the difference between accounting profit and economic profit?</h3>

The difference between accounting profit and economic profit is that accounting profit does not consider the opportunity costs, which economic profit factors in.

Accounting profit is narrower in concept than economic profit.  It is simply revenue minus total costs without opportunity cost.

Economic profit, on the other hand, includes the opportunity costs in the total costs.

<h3>Data and Calculations:</h3>

Salary per year at P.E.T.S = $30,000

Annual interest from savings = $500 ($10,000 x 5%)

Revenue in the new business = $50,000

Explicit costs = $10,000

Accounting profit = $40,500 ($50,500 - $10,000)

Economic profit = $10,500 ($50,500 - $10,000 - $30,000)

Thus, Ernie's accounting profit is <u>$40,500</u> and the economic profit is <u>$10,500</u>.

Learn more about accounting profit and economic profit at brainly.com/question/27113609

#SPJ1

4 0
1 year ago
TP5. <br> LO 7.2How might service industries predict revenue?
dalvyx [7]

Answer:

Budgeting, forecasting and planning

Explanation:

Service industries uses budgeting, which includes expected sales  and operational cost, to forecast, plan and predict revenue. With regards to forecasting; historical or past company data are used to make sound prediction.

5 0
3 years ago
Other questions:
  • 4 STAGES OF PLANNING ---&gt;UNPLANNED STAGE ---&gt;BUDGETING-SYSTEM STAGE ---&gt;ANNUAL PLANNING STAGE ---&gt;STRATEGIC PLANNING
    13·1 answer
  • Suppose the minicd corporation's common stock has an expected return of 12%. assume the risk-free rate is 4%, the expected marke
    12·1 answer
  • Gammil companyhas beginning and ending raw materials inventories of $96000 and $120000, respectively. if direct materials used w
    9·1 answer
  • An inventor in Burginville developed a fantastic new dictation machine that perfectly records speech and turns it into a typed d
    5·2 answers
  • When is a budget considered to be balanced??
    5·1 answer
  • The authentication classification method of Personal Characteristic is most closely described as a:
    12·1 answer
  • What is a rule of solid database design regarding calculated values?
    10·1 answer
  • Valley Forge and Metal purchased a truck five years ago for local deliveries. Which one of the following costs related to this t
    9·1 answer
  • Imagine that you and a friend have developed a new sneaker and would like to manufacture the sneaker and sell it to Foot Locker.
    13·1 answer
  • 14 Select the correct answer. Which marketing strategy is the most effective in the modern era? O A relationship marketing B. ma
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!