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CHAP 9 - non-compete clauses in employment contracts and...

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Chapter 8 Review Questions 1-Identify and differentiate between three types of intellectual property protected by federal statutes. 2-Identify, define and provide an example of the type of intellectual property protected primarily by state law. 3-Describe the fair use doctrine and provide an example of how it has been applied to music. 4-Identify two ways, according to the supplemental readings, that businesses utilize “protect trade secrets, proprietary business information and employees in a down economy”. CHAP 9: 1-Describe the predominant factor test and the type of contracts to which it is applied. 2-Differentiate between an express, an implied-in-fact, and an implied-in-law contract 3-Consideration may take two forms; identify them and provide an example of each. 4-What provision of the Sherman Antitrust Act applies to contracts and what criteria do the courts apply in evaluating whether the Sherman Act has been violated? 5-According to the supplemental reading, what new development is occurring regarding
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Unformatted text preview: non-compete clauses in employment contracts and why is this occurring? CHAPTER 10 1-Differentiate a unilateral mistake of fact from a mutual one and describe the remedy available for each. 2-Define and differentiate undue influence from duress. 3-Identify and differentiate two equitable remedies for breach of contract mentioned in the lecture. 4-What is a liquidated damages clause and under what circumstances will courts enforce them? 5-Describe the Statute of Frauds and then identify two types of contracts which must comply with it to be enforceable. CHAPTER 11 1- Describe the type of contract which Article 2 of the UCC governs and provide an example. 2- Contrast a “firm offer” with an option contract. 3- Describe the exception from Article 2 of the UCC to the general rule concerning transfer of title to goods and provide an example of each. 4- Define the term merchantability as used in Article 2 of the UCC...
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