Question

Fred promises barney $25,000 to not open his proposed business in the same city. they sign a contract stating that fred promises to pay barney and barney promises not to open the competing business. but 6 months goes by, and although barney does not open the business, fred doesn't pay the $25,000 in accordance with the terms of the contract. what is the likely result if barney were to take fred to court?

Answer 1

Fred will either have to pay more than he proposed or Barney would be able to open his business in the same city