Economics 3366A/B Study Guide - Quiz Guide: Sydney Trains S Set, Exxon
24 Sep 2020
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Forster v suggett (1918: c manufactured glass and glass bottles, contract stated employee would not work or have interest in manufacture of glass bottles in uk for 5 years. Contract of employment: reasonable restraint of trade clause. Morris (herbert) ltd v saxelby (1916: mr saxelby (s) started work for morris ltd as apprentice became head of department. Had limited knowledge of technical secrets but had become skilled draftsman in engineering design work. It is the legal right or privilege to conduct the business in substantially the same manner and by substantially the same means that have attracted custom to it. It is a right or privilege that is inseparable from the conduct of the business . Seller of a business: a buyer of the goodwill of a business can protect what he has bought by imposing restrictions on the seller in the contract for the purchase of the business.
