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    Financial Accounting Study Set 5
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    Exam 10: Long Term Assets
  5. Question
    A Contract Limiting the Rights of Others to Go into Business
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A Contract Limiting the Rights of Others to Go into Business

Question 2

Question 2

Multiple Choice

A contract limiting the rights of others to go into business in a specific industry or line of business for a specified period is called a


A) noncompete covenant.
B) leasehold.
C) license.
D) trademark.

Correct Answer:

verifed

Verified

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