CAF-4 · Chapter 6 · Question 3 of 15
Which of the following is a valid exception to the rule that agreements in restraint of trade are void?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: D) All of the above.
Explanation
The law allows for reasonable restraints in cases of sale of goodwill, partnership agreements, and service contracts.
More Void agreements MCQs
- Q5Agreements, the meaning of which is NOT certain, or capable of being made certain, are:
- Q6Azam agrees to sell to Babar 'one hundred tons of oil'. There is nothing whatever to show what kind of oil was intended. The agreement is:
- Q7An agreement to 'wager' (bet) is:
- Q8Which of the following is an exception to the rule that wagering agreements are void?
- Q9What is the primary difference between a 'contingent contract' and a 'wagering agreement'?