Assume That You Own a Business with a Friend and You

Multiple Choice

Assume that you own a business with a friend and you both signed an agreement that says if one of you should leave the company,the other person has the legal right to purchase the share of the company owned by the person leaving. This is known as a

A) buyback clause.
B) nondisclosure clause.
C) noncompete clause.
D) unlimited personal liability clause.
E) uniform partnership clause.