Restraint Of Trade in Europe
Definition of Restraint Of Trade
A contract in general restraint of trade is one which provides that one of the parties shall not carry on a particular trade at all, and is void as contrary to public policy. A contract in restraint of trade may, however, be valid if it is limited to a certain district or area, or is not unreasonable in its terms. See Mitchell v. Reynolds; Nordenfelt v. Maxim Nordenfelt
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Definition of Restraint Of Trade is, temporally, from A Concise Law Dictionary (1927). This page needs to be proofread.
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