Employer's Ownership Interest in Employee's Business

Employer's Ownership Interest in Employee's Business

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the complex relationship between employers and employees regarding side ventures. It explains the duty of loyalty, where employees should not compete with their employer. If a side venture breaches this duty, the employer may have a legal claim. However, if the venture is independent and doesn't use employer resources, the employer has no ownership claim. The video also covers scenarios where employees use employer resources for personal ventures, which could lead to legal actions for resource value compensation.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the assumption that an employee's side venture is completely separate from their employer's business?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what situation would an employee's work product belong to the employer?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What legal arguments might an employer have if an employee uses company resources for a side business?

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OFF