15. Mark and Mary were good friends who went through high school and college tog

Question

15. Mark and Mary were good friends who went through high school and college together. Mark eventually became an adjunct college law professor and not well known; Mary went into the business world. Mary became a senior vice-president of a management firm and learned many of the company's trade secrets. Both Mark and Mary signed one-year contracts with their respective employers. The contracts contained clauses that provided that they would not compete against their former employers for a period of one year after leaving their jobs. The area covered by the restrictions for both Mark and Mary was a radius of 500 miles from the place of employment.

Explanation / Answer

The contracts have already specified the clause that they cannot compete with their former employers for a radius of 500 miles for a period of one year.The new positions of both Mark and Mary are similar to their former position. Soif they work with in the radius of 500 miles it will be treated as violation of the contract.The probable outcome of the lawsuits will be their former employer will win the case and put any recovery measure for the breach of the contract.Either the employers can demand a monetary compenasation for the anticompetitive covenants or Mark and Mary have to search job in the similar domain outside of the 500 miles stipulated limit.

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