Hi all, the answer to last week's quiz is b) restraint of trade. Here is our definition from our book "Drafting Commercial Contracts: Vocabulary Series":
Restraint of Trade (noun): This clause deals with the situation when one party tries to limit the business, trade or activity of another. Commercial contracts must be careful if a party wishes to include a restraint of trade clause as it must not conflict with anti-competition law. However, this type of clause is commonly found in employment contracts. Associated Word: Clause (noun).
Learn more at http://www.legalenglishbooks.co.uk or visit our Amazon site at
http://www.amazon.com/Michael-Howard/e/B00GMS03VA/ref=sr_ntt_srch_lnk_8?qid=1409593443&sr=8-8
No comments:
Post a Comment