Answer:
violates common law
Explanation:
A non compete is an agreement that restricts a previous employee from working for a competitor of his former company for a given period after disengagement.
This is a contract that aims to reduce to the rate at which company secrets are shared to competitors.
The rationale is that the employee's knowledge of the company's procedures will be obsolete after some years.
However non compete should not last for a very long time. Usually non compete of more than two to three years is not honoured by courts.
So in the given scenario where Harold the head chef at the Italian Olive Restaurant signed a non compete which restricts him from opening a restaurant for the next 15 years. The court will most likely not honour the non compete because the amount of time is not reasonable.
Answer:
Dept. D = 80%
Dept. E = $12
Dept. K = $6
Explanation:
The computation of the predetermined overhead rate for each department is shown below:-
Department D = Manufacturing overhead ÷ Direct labor costs
= $1,240,000 ÷ $1,550,000
= 80%
Department E = Manufacturing overhead ÷ Direct labor hours
= $1,500,000 ÷ 125,000
= $12
Department K = Manufacturing overhead ÷ Machine hours
= $720,000 ÷ 120,000
= $6
OPEC successfully raised the world price of oil in the 1970s and early 1980s, primarily due to A. an inelastic demand for oil and a reduction in the amount of oil supplied.
Inelastic demand is where the demand for a product does not increase or decrease with the fall or rise in its price. When someone believes that a product is inelastic to them, then their demand won't change even though the price changes. Since OPEC was able to raise the oil price and it was still consumed, it is a product of inelastic demand.
I think it would be traffic accidents
