BUS 205 Lecture 33: BUS 205 Class 33
Document Summary
A party commits an act when she does something she was not legally required to do in the first place. Must do something he is not legally obligated to do, or to refrain from doing something that he is legally privileged to do. This chapter is chapter 10 in the notes on canvas. When an employee promises not to work for a competitor for some time after leaving his company. Noncompete agreements related to the sale of a business are enforceable if reasonable in time, activity, and territory. In california, noncompete agreements are not enforceable in employment contracts. The employee signs it at the same time she is selling her share of a company. It is reasonable in time, activity, and territory. A contract provision that attempts to release one party from liability in the event the other is injured. When it attempts to exclude an intentional tort or gross negligence.
