Facts: James Scott signed a covenant not to compete when he went to work for Snider Bolt
Question:
Facts: James Scott signed a covenant not to compete when he went to work for Snider Bolt & Screw. The agreement prohibited him from taking a job with a competitor for one year after leaving Snider. Three years later, Mr. Scott quit his job at Snider and immediately went to work for Quality Screw & Nut (QSN).
Snider obtained a temporary restraining order that banned Scott from working at his new job. QSN argued that the covenant not to compete was void for lack of consideration. It asked the court to lift the temporary restraining order.
Questions:
Did the covenant not to compete lack consideration?
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Related Book For
Business Law and the Legal Environment
ISBN: 978-1337736954
8th edition
Authors: Jeffrey F. Beatty, Susan S. Samuelson, Patricia Sanchez Abril
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