The court in National Business Services, Inc v. Wright found a noncompete agreement drafted for an employee of an Internet company was:
a. no different in enforceability than noncompete agreements for other types of companies.
b. subject to smaller geographic restrictions than for other types of companies.
c. unreasonable in duration with a one-year time restriction.
d. subject to larger geographic restrictions than for other types of companies.
d
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At the beginning of 2012, Flaherty Company had retained earnings of $250,000. During the year Flaherty reported net income of $100,000, sold treasury stock at a "gain" of $36,000, declared a cash dividend of $60,000, and declared and issued a small stock dividend of 3,000 shares ($10 par value) when the fair value of the stock was $20 per share. The amount of retained earnings available for dividends at the end of 2013 was
a. 230,000 b. 260,000 c. 266,000 d. 296,000
A theater test can be used to study a print advertisement from a billboard or the side of a bus
Indicate whether the statement is true or false