An agreement between a business seller and buyer, in which the seller agrees not to open a competing business within a specific time period and geographic area, is called a: Nondisclosure statement Restrictive covenant Bulk transfer Letter of intent

Explanation:

The restriction on the use of land to preserve the enjoyment and value of the adjoining land is called restrictive covenant.

They are binding legal obligation that are written into deed  of a property seller, the covenants can be compel or simple and penalty is levied against the buyers who do not obey them.

e.g A restrictive covenant on a residential property can prevent any business activities from being conducted on that property, it prevents the occupant from running a having a home office or running a home based business.

well, paralell is parallel. i am providing links to .

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a series circuit is one with all the loads in a row. there is only one path for the electricity to flow. if this circuit was a string of light bulbs, and one blew out, the remaining bulbs would turn off.

unlike in series circuits, a charge in a parallel circuit encounters a single voltage drop during its path through the external circuit. the current through a given branch can be predicted using the ohm's law equation and the voltage drop across the resistor and the resistance of the resistor.

a parallel circuit has certain characteristics and basic rules: a parallel circuit has two or more paths for current to flow through. voltage is the same across each component of the parallel circuit.

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