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What are the rights and duties imposed on partners.
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- How can a comprehensive understanding of contract law principles positively impact effective management and mitigate legal risks in business transactions?How does the Companies Act regulate related party transactions to prevent conflicts of interest?How does contract law govern business agreements, including elements of a valid contract, breach of contract, and remedies for contract disputes?
- Why would a business support allowing a transfer of rights or duties to third parties?.What are Implied warrenties?Please explain what a noncompetition agreement is. Explain what makes a noncompetition agreement not enforceable. Explain the business interests sought to be protected by noncompetition agreements. Think of an example where a business could protect these interests without saying an employee cannot work for a competitor.