Blaw 3391 final pleasant - Study guides, Class notes & Summaries

contract - correct answer a promise/set of promises for the breach of which the law gives a remedy or the performance of which the law in some way recognizes a duty covenant not to compete - correct answer restrict what an employee may do after leaving a company often dictate where, when, and with whom an employee may work(common in technology and sales) elements needed for a contract to exist - ...

Bilateral contract - correct answer A type of contract that arises when a promise is given in exchange for a return promise. ex. When Shannon promises to pay Gary $1000 in exchange for his promise to paint her car on July 1st. contract - correct answer A legally enforceable agreement that is created when 2 or more competent parties agree to perform, or to avoid performing, certain acts that they have...