Asked by Diedre McCoy on Jul 05, 2024

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Verified

Which is the correct term for the agreement Giuseppe and Ines entered?

A) A competition agreement
B) A prohibited competition agreement
C) A covenant not to misappropriate
D) A policy agreement
E) A covenant not to compete

Covenant Not to Compete

A legal agreement in which one party agrees not to enter into or start a similar profession or trade in competition against another party.

Employment Agreement

An Employment Agreement is a formal contract that outlines the terms and conditions of employment between an employee and employer, including duties, salary, and duration of employment.

Hair Stylist

A professional trained in the cutting, styling, and grooming of hair, often providing advice on hairstyles and hair care.

  • Comprehend the enforceability of covenants not to compete and exculpatory clauses.
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Verified Answer

JL
Jalisa LumpkinJul 09, 2024
Final Answer :
E
Explanation :
The agreement between Giuseppe and Ines is known as a "covenant not to compete," which restricts Ines from working in a competing business within a certain geographic area for a specified period of time after leaving Giuseppe's employment.