Question

In a non-compete agreement, the term "ancillary" means that a. both parties must have a stake...

In a non-compete agreement, the term "ancillary" means that

a.

both parties must have a stake in the outcome.

b.

the non-compete agreement is unfair to the employee, but not the employer.

c.

the non-compete agreement must be part of a larger agreement.

d.

the agreement is harmless to the general public.

Homework Answers

Answer #1

Option C.

  • A non compete agreement is a type of agreement within a business where any one party decides or refrains from competition.
  • This type of agreement usually occurs between the employees and the employers.
  • It prevents any one party from revealing the important trade secrets to other competing parties during or after the employment period.
  • These type of agreements might be either void or valid.
  • If it has to be considered as valid, it must be ancillary. Which means that it must be a part of a large agreement.
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