Contract Questions

Contract Questions

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Unformatted text preview: tent to accept by the offeree Upon full performance by the offeror Upon commencement of performance by the offeree Upon full performance by the offeree 478. When Lynx, Inc. hired Parr, Parr signed an employment contract prohibiting Parr from competing with Lynx during and after employment. While employed, Parr acquired knowledge of many of Lynx’s trade secrets. Which of the following statements is correct? a. Parr has the right to compete with Lynx upon resigning from Lynx. b. Parr has the right to compete with Lynx only if fired from Lynx. c. In determining whether Parr may compete with Lynx, the court should not consider Parr’s ability to obtain other employment. d. In determining whether Parr may compete with Lynx, the court should consider, among other factors, whether the agreement is necessary to protect Lynx’s legitimate business interests. 479. a. b. c. d. When may a person disaffirm a contract for the sale of real property? Prior to reaching majority Prior to reaching majority or within a reasonable time thereafter Upon reaching the age of 18 Upon reaching the ag...
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This test prep was uploaded on 03/29/2014 for the course BUL 3130 taught by Professor Schupp during the Fall '12 term at UNF.

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