Legality

1) When will an agreement made by one without a license fail to be a contract?

2) When will an agreement made by one without a license still result in a binding valid contract?

3) What is meant by a "Covenant Not To Compete"?

a) Under what two circumstances would a covenant not to compete be deemed legal?

b) Under what two circumstances would an otherwise legal covenant not to compete be deemed contrary to public policy?

c) If deemed contrary to public policy, how might the courts remedy the situation?

4) If the law generally allows people to enter unfair contracts, explain the doctrine of unconscionability?