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Compensatory damages are designed to punish a party that breaches a contract.

Odina signs a covenant not to compete with her employer, Penultimate Sales Corporation. This covenant says that Odina will not persue sales employment in Penultimate’s industry nationwide for a period of 10 years after leaving the company.  Odina decided to leave the company and immediately begins work for Penultimate’s competitor, Superior Sales. Penultimate sues seeking an injunction against Odina. What are the things a court will look to to determine whether this covenant not to compete is overly restrictive? (2-3 sentence response suggested)

Henry promises not to open his Hank’s Lunchbox Café before 10:00 a.m. if Isis, who owns Isis’s Danish & Donuts next door, promises to close by 4:00 p.m. Henry’s consideration is

Following negotiations, Office Park, Inc., enters into an informal contract with Quality Janitorial Company for custodial services for Office Park’s buildings. This means that the parties’ contract

Referring to Question 20, if Taylor Swift instead asks for the additional $1M right before she goes on stage in exchange for agreeing to play three extra songs in addition to her usual play list, this would be a legally enforceable contract if the promoter agrees to pay her the additional sum.

All promises are legally enforceable.

Rashi contracts to work for Social Data Analysis Corporation during June for $4,500. On May 31, Social Data cancels the contract. Rashi declines a job of a different type and rank with Tech Collection, Inc., which would have paid $3500. Rashi files a suit against Social Data. As compensatory damages, Rashi can recover

A provision in a contract specifying a certain amount to be paid in the event of a default or breach of contract is known as. ​

Why did you answer the previous question as you did?  (i.e. explain why ‘we buy gold’ is or is not an offer).

Iggy tells Jade, “I might sell the snowboard that I bought this winter since I haven’t used it and the season is almost over.” This is​