Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Law & Ethics Expert

George Murphy owns a four-story brick office building in Roderick, Indiana (Clark County). The roof of the building is flat and is a nice location for a commercial sign. George is willing to lease space on the roof for that purpose.

The Potter Corporation owns a restaurant (d/b/a "The Place") in BluePaw, Kentucky (Bear County). BluePaw is directly across the Ohio River from Roderick, and Benjamin Potter, the Potter Corporation's President and CEO, would like to advertise in Roderick. He would like to place a large sign on the roof of George's building.

You are the attorney for Murphy. Your job is to negotiate a lease agreement for your client. The following are the facts about your client's desires and current financial situation:

Murphy feels that a sign of approximately eight feet across and 10 feet in height is appropriate.

Murphy is not certain that the Potter Corporation considers his office building as a good location for Potter's sign. Accordingly, Murphy is a little worried that Potter may not enter into the agreement if the lease payments are too high. Murphy would like to receive approximately $600 per month for 36 months.

Murphy doesn't like uncertainty. Accordingly, he is not too interested in paying for any costs of repair to the sign.

Murphy doesn't want the sign to be "lurid" or "sexual" in content. Murphy wants something tasteful.

Murphy needs the lease payments to begin as soon as possible. Accordingly, he would like the contract to go into effect immediately.
The town has the following ordinances:

"An owner of a building must keep the premises of his building in good repair."

"Advertising signs, other than billboards, are limited in size to ten feet in width and twelve feet in height."

Negotiate a lease contract for your client. Try to hammer out an agreement. Don't stonewall but don't give away the store. Negotiate, negotiate, negotiate.

Business Law & Ethics, Finance

  • Category:- Business Law & Ethics
  • Reference No.:- M92429842
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Business Law & Ethics

Assessment taskassignment questiondiscussi the main ways

Assessment Task Assignment question: Discuss: i. the main ways that a company may source finance; and ii. the benefits and costs associated with the main sources of corporate finance. Guidance - Students are to read text ...

The good cop click on the tab and read the journal essay

The Good Cop." Click on the tab and read the journal essay. Pay particular attention to II The Third Way: Rightful Policing. In the essay, the author makes the case for, what she terms, "rightful policing." What is right ...

Australian commercial and corporations law assignment -this

Australian Commercial and Corporations Law Assignment - This assignment deals with critical problem solving skills. This assessment tests course objectives addressing: Knowledge of relevant law, Application of the law to ...

Introduction to business law assessment -case - garcia v

INTRODUCTION TO BUSINESS LAW ASSESSMENT - CASE - Garcia v NAB Introduction of relevant background of the issue, explanation and setting out the argument/theme, key issues and the structure that follows. Identification of ...

Assignment - advanced financial accounting1 classification

Assignment - Advanced Financial Accounting 1. 'Classification of liabilities is based on the same principles as the classification of assets.' Do you agree with this? Why or why not? 2. 'Classification of liabilities as ...

Managing the legal environment assignment - research

MANAGING THE LEGAL ENVIRONMENT ASSIGNMENT - RESEARCH PROJECT Company: Nike (a) Summarise in about 250-500 words the characteristics/features of the organisation (you can choose a statutory/government body or select a bus ...

Instructionplease choose one question from the following to

Instruction Please choose One question from the following to answer: 1. Dealsgate is a Victorian town in Southern-East England, famous for its beautiful beach. It used to attract many world-renowned writers and scholars ...

Business law assignment question -mabo has been said to a

BUSINESS LAW ASSIGNMENT QUESTION - Mabo has been said to a cornerstone of the Australian legal system. Your response must discuss the following: 1. Discussion of the Mabo (No 2) case. 2. Explain the impacts of the case o ...

Corporations law - assignment questions -objectives -

CORPORATIONS LAW - ASSIGNMENT QUESTIONS - Objectives - Answer the following questions with reference to the relevant statute law and general common law principles operating in Australia concerning the consequences of the ...

Assessment descriptionyou are required to watch the

Assessment Description You are required to watch the following YouTube clips from the GRI Secretariat: 1. The GRI Sustainability Reporting Standards: The Future of Reporting 2. Introducing the GRI Standards You must also ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As