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The solution is more than 300 words, with a reference, to analyze what
happens when an entrepreneur buys a and discovers the previous owner is
now working for the competition. The specific textbook case is:
A
man entered into a contract to buy a small from the entrepreneur who
had started it. Before completing the formalities, the buyer learned
that the entrepreneur had taken a job with a larger rival company. The
buyer now fears that the seller is taking vital business information
with him to the rival business, and that this will affect the prospects
of the small business. How can the buyer protect his interests? What
legal protection does he have? Can the contract be declared illegal?
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