A commercial arrangement that prevents a business from freely buying or selling goods or services. For example, a seller may promise the buyer of a business that the seller will not set up a new business within 10 kilometres for 4 years. A contract like this cannot be enforced if it goes on for too long, or covers a very wide area.
Applications for the Fitzroy Legal Service 2022 Trainee Lawyer Position are now Open!
Read newsletter ›