Elements of contract

Assignment Help Business Management
Reference no: EM132606299

Elements of a Contract

Suppose that the Fabulous Hotel hires you as head chef under a two-year employment contract. After two years, another hotel wants to hire you. However, in the original employment contract you signed with the Fabulous Hotel, the following paragraph appears:

"The below-signed agrees not to work as a chef for another hotel in the same metropolitan area for a period of two years after leaving our employ."

Describe and analyze the five elements of a contract that must exist for this agreement to be enforceable.

Explain why this contract is governed by common law or the Uniform Commercial Code (UCC).

Examine at least two circumstances in which this non-compete agreement would be unenforceable.

Reference no: EM132606299

Questions Cloud

Current account and capital account in balance of payments : (a) Discuss the relationship between the current account and the capital account in the balance of payments.
Discuss the campaign based on the information : Discuss the campaign based on the information discussed in the Unit V Lesson. (Is it effective? What, if anything, can the organization do to improve PR.
Calculate the balance in landon inc accounts : Landon, Inc., a calendar year S corporation had a balance in AAA of $185,000. Calculate the balance in Landon Inc.'s AAA and AEP accounts at the end of the year
What is the future value for pedro gonzalez : Pedro Gonzalez will invest $8,000 at the beginning of each year for the next 10 years. The interest rate is 9 percent. What is the future value?
Elements of contract : Examine at least two circumstances in which this non-compete agreement would be unenforceable.
Record any adjusting entry required at december : Assume that in may 1, 2022, immediately after paying the semi annual interest, tamarisk redeemed 50% of the bonds at 98. Record the redemption of the bond
What was discussed in the interview : This course includes a staged project in which you will evaluate a public policy as identified in the Staged Project 1: Proposal. This project should involve.
Effects of cyclical unemployment on the economy : a) Explain the effects of cyclical unemployment on the economy. b) Discuss why below-equilibrium or above-equilibrium GDP levels will not persist.
Why the aggregate demand curve is downward sloping : 1. Explain why the aggregate demand curve is downward sloping.

Reviews

Write a Review

Business Management Questions & Answers

  Show implementation of a project communications management

Would the implementation of a Project Communications Management team help prevent similar problems in the future

  Workplace securtiythe fourth amendment of the us

workplace securtiythe fourth amendment of the u.s. constitution applies to search and seizure issues relating to public

  What must be filed to request the enforcement

What must be filed to request the enforcement of terms and conditions outline in the bond indenture?

  Supervisory training presentationfind and discuss the laws

supervisory training presentationfind and discuss the laws that affect the retention of employees and the termination

  What will be the net increase in cash flows

What will be the net increase in cash flows per year from installing the machinery?

  Present your book report in a marketplace setting

The review of leadership/managerial literature is designed to actively involve the Emerging Leader Program participants in broadening their knowledge.

  Develop the organizational design for your company

Develop the organizational design for your company. Explain the organization structure that your company will utilize and state why you selected the structure.

  Why are networking and branding so important

Why are networking and branding so important to your career and lifelong learning? (health management)

  What was the problem that apollo 13 encountered

What was the problem that Apollo 13 encountered? What was the alternatives? What was the risks?

  Person who is motivated to serve

How do followers experiences differ between following a leader who is motivated to lead verses a person who is motivated to serve?

  Offers overnight delivery to customers

Express Mail offers overnight delivery to customers. It is attempting to come to some conclusion whether to expand its facilities. Currently its fixed costs

  Top few insurance companies in canada

Sun Life Financial is known to be one of the top few insurance companies in Canada that offers a wide range of products and services.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd