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Q1: A covenant not to compete Group of answer choices a. is usurious. b. protects the...

Q1: A covenant not to compete

Group of answer choices

a. is usurious.

b. protects the public from unauthorized practitioners of certain professions.

c. is a promise to refrain from competing in business with another.

d. protects the public against actions that threaten the general welfare.

Q2: Air Flo, Inc., and Banyan Grove Apartments enter into an oral contract in which Air Flo agrees to provide air-conditioning and heating maintenance for Banyan Grove’s facilities for two years. This contract is enforceable by

Group of answer choices

a. Air Flo.

b. Banyan Grove.

c. any third party, such as a HVAC supplies provider.

d. none of the choices.

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Answer #1

q1: C. is a promise to refrain from competing business with another.

A non compete covenant is to see that the parties to the agreement do not compete with each other in the same business.

q2:

d.none of the choices.

Since the given agreement is an oral agreement and the performance is for more than one year, it cannot be enforced by either parties or other third parties.

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