cONTEMPORARY BUSINESS LAW

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What are the advantages and disadvantages of a noncompete clause as opposed to a nondisclosure clause? What privacy and security issues arise when conducting business on the Internet? Provide examples

Oct 21st, 2017

Advantages and disadvantages of noncompete clause:

1- Illegal in some states

2-pay consideration

3- Protection against competition.. 

example:Suppose that a former employee of a small law firm focused on intellectual property law for small businesses signed a non-compete clause that disallowed competition for a five-year term anywhere in the state in I.P. law. Reasonable in many states may be a period of two years in a 100-mile radius in small-business I.P. law. Some states will amend the non-compete clause to what is reasonable, while other states will void the entire non-compete agreement.

Internet business problems:

lack of computer expertise

difficulty developing relationships

privacy and security concerns

issues with copyrights

Jan 13th, 2015

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Oct 21st, 2017
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Oct 21st, 2017
Oct 22nd, 2017
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