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This is an introductory Business Law question they just don have the right subje

ID: 2747088 • Letter: T

Question

This is an introductory Business Law question they just don have the right subjects:

3. The issue of the enforceability of covenants not to compete is in part a matter of public policy. From an employer’s perspective, what is a policy argument in favor of enforcing covenants not to compete? From an employee’s perspective, what is a policy argument in favor of not enforcing covenants not to compete? Balancing the competing policy arguments, do you believe that covenants not to compete should generally be enforceable? Why or why not? Explain.

Explanation / Answer

"Covenants not to compete",othrewise known as "non-competitive clause", is a formal agreement made between the employer and employee,prohibiting the employee to enter into similar business with the immediate competitor of the employer for a specific period of time.It is a clause in an employment agreement.The enforceability of covenants not to compete is a major issue in most of the counries now-a days as it is rapidly opposed by some and supported by some.

From the employer's prospective argument is in favour regarding the enforceability of the clause,because it has various benifits to the employers.Some of them includes:

From the employee's prospective argument is in favour of not enforcing the covenant not to compete clause because of the following reasons:

In my opinion,covenants should generally be enforceable.Because:

However,the clause should only be enforceable if:

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