LouAnn has spent the past 15 years building a bakery business and her reputation in her small community shows by her high volume of sales and her customer loyalty. Dillon contracts with LouAnn to purchase her bakery. What type of agreement would a court allow Dillion and LouAnn to enter into in the sale of this business? A performance based agreement A restrictive adhesion contract A usury agreement A restrictive covenant An exculpatory agreement
LouAnn has spent the past 15 years building a bakery business and her reputation in her small community shows by her high volume of sales and her customer loyalty. Dillon contracts with LouAnn to purchase her bakery. What type of agreement would a court allow Dillion and LouAnn to enter into in the sale of this business? A performance based agreement A restrictive adhesion contract A usury agreement A restrictive covenant An exculpatory agreement
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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LouAnn has spent the past 15 years building a bakery business and her reputation in her small community shows by her high volume of sales and her customer loyalty. Dillon contracts with LouAnn to purchase her bakery. What type of agreement would a court allow Dillion and LouAnn to enter into in the sale of this business?
A performance based agreement
A restrictive adhesion contract
A usury agreement
A restrictive covenant
An exculpatory agreement
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