Chapter 12: non compete clauses

Question 1

non compete agreement

Answer 1

employment contract that prohibits worker from getting a diff job/starting a business after leaving employment

penalizes - require workers to pay a peanilty if they do so

Question 2

things to look for for non compete clauses (critera)

Answer 2

1) geographic resitriction
2) time restricitoon
2) legitimate business interest

Question 3

legitimate business interest

Answer 3

does the agreement actually protect the legitimate business interest of the employer?

legit reasons:
- trade secrets
- confidential business info
- company relationships with certain customers
- specialized training

Question 4

FTC

Answer 4

– outlawed all non-compete clauses
 But federal court withdrew this
 You can still have them