2.5 out of 2.5 pointsWhen Randy, an electrician, accepted a job with Buren Construction, Randy signed the following agreement: "Upon termination of my employment with Buren Construction, I agree never to work for another employer as an electrician." If Randy resigns from Buren Construction, this agreement would be upheld under the theory of freedom of contract.
Question 6 2.5 out of 2.5 pointsAccording to Section 2-302 of the UCC, if a court finds as a matter of law that a clause of a contract was unconscionable at the time the contract was made, the court must refuse to enforce the contract.
Question 7 2.5 out of 2.5 pointsVirginia borrowed money from G & L Lending at 35% interest per year. The state maximum interest rate is 20% per year. Virginia defaulted on the loan. What amount can G & L collect from Virginia?
Question 8 2.5 out of 2.5 pointsA contract may violate public policy even if the agreement does not violate a statute.
Question 9 2.5 out of 2.5 pointsLarry has the largest pizza business in the city. He learns that Henry is thinking of opening a