Question 3-1: Imagine that you are starting your own company in the hyper-competitive industry of...
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Accounting
Question 3-1:
Imagine that you are starting your own company in the hyper-competitive industry of eSports. (Look this up quickly if you arent familiar with the industry.) You are putting your life savings, your professional contacts and your innovative ideas on the line. As you begin to hire your team, you consider binding new employees to noncompete agreements.
Please Answer: Using the requirements of the ABC Test and the Economic Realities Test to guide your answers, outline the ideal terms of an ideal and enforceable noncompete agreement for your employees.
What, specifically, does the company need to protect?
How long does the agreement last?
What is its geographical radius?
What work or activities does it prohibit?
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You can see the logs in the Dashboard.