Question 1 faber and smith signed a three-year lease for an, Ask an Expert

Management Studies

Question: 1. Faber and Smith signed a three-year lease for an apartment. The lease was silent as to the amount of the rent but stated "rent to be determined by mutual agreement." Is this lease valid?

2. Sam rented a store from Allen with parking in front for ten vehicles, as required by the zoning laws. The state took the entire parking area by eminent domain. Can Sam get out of his lease because of this taking of his parking spaces?

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Management Theories, Management Studies

Category:- Management Theories
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