Court Ruling - Case Study
Not what you're looking for?
Walt Shoddy, the owner of Shoddy Shoe Repair, was contemplating retirement. He therefore contracted to sell the business to Pauline Parker. Shoddy Shoe Repair was located in Hoosierburg, Indiana, which has a population of 5,233. Besides containing a provision entitling Parker to use the Shoddy Shoe Repair name for the business, the parties' contract included a clause that prohibited Shoddy from opening up a competing shoe repair shop in Hoosierburg for a period of one year from the date of the parties' contract. Two months after the date of the contract (and one and one-half months after the sale of the business to Parker had been completed), Shoddy grew tired of retirement. As shoe repair had been his life's work, he opened up a shoe repair shop in Hoosierburg. Parker has sued him in an effort to obtain an injunction against his operation of the competing business, alleging a violation of the parties' contract. How is the court likely to rule? Explain your reasoning.
Purchase this Solution
Solution Summary
This solution explains the case of Walt Shoddy, the owner of Shoddy Shoe Repair. All relevant facts and issues are discussed. A thorough explanation of how the court will rule is provided.
Solution Preview
Overview of the facts:
Walt owns Shoddy's Repair and was contemplating retirement. He decided to sell his shoe repair shop to Pauline. This is a small town with 5,233 residents. There was a clause that prohibited Walt from opening a competing business in the same town for one year. Two months later, he decided to open a shoe repair ...
Purchase this Solution
Free BrainMass Quizzes
Business Processes
This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.
Employee Orientation
Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.
Paradigms and Frameworks of Management Research
This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.
Learning Lean
This quiz will help you understand the basic concepts of Lean.
Basics of corporate finance
These questions will test you on your knowledge of finance.