BUSINESS ADMINISTRATION
INDUSTRIAL RELATION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Agreement
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Adult Age
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Certain Jobs
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Halal Jobs
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Seal 6000
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Detailed explanation-1: -It is legally valid in India, but it is not imposing any restrictions on the employee. It is not an absolute restriction and only applies to some restrictions. The employer has an exclusive right to the employee’s services during employment. These elements are mandatory for a valid employment agreement.
Detailed explanation-2: -Hence, Open tender is not a type of contract.
Detailed explanation-3: -From an Indian legal perspective, the Non-compete clause is prohibited under the Law of Contracts. Section 27 of the Indian Contract Act-1872 provides that-Every agreement by which anyone is restrained from exercising a lawful profession or trade or business of any kind, is to that extent void.
Detailed explanation-4: -The requirements of a contract are consideration, offer and acceptance, legal purpose, capable parties, and mutual assent. When any of the required elements is lacking, vitiated, or irregular, the contract may become void, voidable, or unenforceable.