posted by Melisa on .
Under which four (4) conditions are restraints of trade legally enforceable?
I believe the restraints of trade that are legally enforceable are Government-Granted Monopolies, Private Franchises, Zoning Regulations and Environmental and Safety Regulations. But I am not 100% those are correct. Any help would be wonderful. Thank you.
"Legally Enforeable" is a term that can take several books to explain.
Basically, you are right, however, remember that legally enforcable also has with it another person's right to legally challenge the particular restraint in court. God knows, there are plenty of lawyers who earn livings at doing that.
Thank you. Now I just have to figure out the rest of the question which has me lost in its self lol...Why do you believe this is so? Support your discussion with at least two (2) relevant examples