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tfarone1989 tfarone1989
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6 years ago
Past Consideration. Rivendell Forest Products, Ltd., had a computer programthe Quote Screen systemthat allowed it to quote prices to its customers many times faster than its competitors. To keep the Quote Screen system a secret, Rivendell insisted that all of its employees, including Timothy Cornwell, sign a confidentiality agreement in 1988. Cornwell was employed by Rivendell from 1987 to 1990, when he left Rivendell to work as a marketing manager for the Georgia-Pacific Corp, a competitor. Cornwell introduced Georgia-Pacific to Rivendell's Quote Screen system. Rivendell sued Cornwell for, among other things, breach of the confidentiality agreement. The trial court held that the confidentiality agreement was not a valid contract because Rivendell had failed to provide consideration, such as a salary increase or a promotion, in exchange for Cornwell's promise to keep the Quote Screen system a secret. If Cornwell had signed the confidentiality agreement when he was first hired, would the result have been the same? Explain.
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lirpaprillirpapril
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tfarone1989 Author
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6 years ago
Good timing, thanks!
annakc
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Yesterday
Just got PERFECT on my quiz
byehoe
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2 hours ago
This helped my grade so much Perfect
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