Five elements of a contract

Assignment Help Operation Management
Reference no: EM13807316

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.

  1. Explain why this contract is governed by common law or the Uniform Commercial Code (UCC).
  2. Examine at least two circumstances in which this non-compete agreement would be unenforceable.

Reference no: EM13807316

Questions Cloud

Business-level-corporate-level and international strategies : Business-level, Corporate-level, and International Strategies. Using an Online Library or the Internet, research about the following:
Design an employee class that has fields for name : Design an Employee class that has fields for the following pieces of information: Employee Name and Employee Number
What is net gain or loss after accounting for premium paid : A call option on an S&P 500 futures contract has an exercise price of 1490; the call premium is currently $6.50. On the same date, a put option on the S&P 500 futures contract has an exercise price of 1490; the put premium is currently $7.50. The two..
Evaluate the effectiveness of the current marketing mix : Evaluate the effectiveness of the current marketing mix for the brand you selected for your Final Project. Does the marketing mix meet goals of forming consumer brand relationships?
Five elements of a contract : Describe and analyze the five elements of a contract that must exist for this agreement to be enforceable.
About brazil : BRAZIL
Futures contract on treasury bonds : Boyd Company sold a futures contract (one) on Treasury bonds that specified a price of 93-00. When the position was closed out, the price of the Treasury bond futures contract was 94-20. Did interest rates increase or decrease? How do you know? What ..
Aviation maintenance manager : When responding to these questions, please place yourself in the perspective as an Aviation Maintenance Manager. What is your role as an Aviation Maintenance Manager?
What is the mfdp : What is the MFDP. Name people associated with it? Where did Mrs. Fannie Lou Hamer speak (City & Function?). What did she ask/petition for

Reviews

Write a Review

Operation Management Questions & Answers

  What kind of media consumer are you

What do your habits/patterns tell you about your consumption? What kind of media consumer are you? Are there any habits you aren't satisfied with and would like to change? How does your media consumption shape your behavior, attitude, beliefs and ..

  Assignment on project management recommendation

Determine which project might be implemented and why (e.g. feasibility study, breakeven analysis, etc). Describe the five phases of a project

  How is competition in markets where network effects

How is competition in markets where network effects are present different from competition in traditional markets?

  Calculate the utilization of the server

You need cash and FAST. You jump out of your car at a location to have one ATM, but a history of a line. Usually you can expect to wait 250 seconds from the time you arrive until leaving with the cash.

  Discuss methods to diagnose employee stress

Discuss methods to diagnose employee stress and the specific OD (organizational development practitioner) interventions aimed at alleviating it in the workplace.

  Analyze a best practice human capital acquisition

Identify and analyze a best practice human capital acquisition, development, and retention in the United Kingdom.

  Evaluate the various aspects of the cost of quality

Evaluate the various aspects of the cost of quality. What are some specific examples?

  Airlines lose thousands of checked bags every day

Airlines lose thousands of checked bags every day, and America South Airlines is no exception to the industry rule. Over the past 6 weeks, the number of bags "misplaced" on America South flights has been 18, 10, 4, 6, 12, and 10

  Describe one type of reward system that would best motivate

Management wants each employee to learn several jobs so that the production group can be more flexible. Describe one type of reward system that would best motivate employees to learn several jobs and identify a potential disadvantage of this rewar..

  What insights have you gained about their approach

Given Starbucks' training approach, benefits package, work/life program, and partner relations mechanisms, what insights have you gained about their approach to employee motivation? Explain your answer.

  What rule of thumb or guidelines would you recommend

What rule of thumb or guidelines would you recommend for deciding whether statistical differences between men and women, or non-minorities and minorities, reflect discrimination occurring throughout an organization's staffing system?

  Analyze the data and identify the x

Analyze the data and identify the Red X, Pink X and Pale X for the component search. The parts were disassembled and reassembled twice and the results were obtained

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