contract in restraint of trade:
(1811)
1. A contract that limits the free exercise of business or trade; especially, a contract stipulating that one who sells a business cannot open a similar business within a specified distance of the business being sold within a specified period.
References:
Disclaimer: All material throughout this website is pertinent to people everywhere, and is being utilized in accordance with Fair Use.
[1]: Black’s Law Dictionary Deluxe Tenth Edition by Henry Campbell Black, Editor in Chief Bryan A. Garner. ISBN: 978-0-314-61300-4
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Back to Contract Law and Types of Contracts
Legal Precepts Adopted (from Europe) into The U.S. Constitution
§ § of Law Embedded into the Constitution Pursuant to the American Revolution
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