Elements of a Contract, business and finance assignment help

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Suppose that the Fabulous Hotel hires you as head chef
under a two-year employment contract. After two years, another hotel
wants to hire you. However, in the original employment contract you
signed with the Fabulous Hotel, the following paragraph appears:

“The below-signed agrees not to work as a chef for
another hotel in the same metropolitan area for a period of two years
after leaving our employ.”

  • Describe and analyze the five elements of a contract that must exist for this agreement to be enforceable.
  • Explain why this contract is governed by common law or the Uniform Commercial Code (UCC).
  • Examine at least two circumstances in which this non-compete agreement would be unenforceable.

Submit a four- to five-page paper (not including title
and reference pages). Your paper must be formatted according to APA
style as outlined in the approved APA style guide and must cite three
scholarly sources in addition to the textbook