The following language was in a handwritten agreement, Ask an Expert

Management Studies

The following language was in a handwritten agreement signed by Harold and Saul and their respective wives: "Saul & Zelda get the option to rent the lower level of the Hope Chest store when their lease expires. If they do take it, they will pay the same rate of rent per square foot that Harold is paying for his store.

Saul & Zelda will do all the fixing up at their expense. Entrance to upper level has to be maintained from Newbury Street-similar to how it is now. Saul and Zelda have to let Harold know six months ahead of time: (lease expires by May 31, 1987, so that Saul and Zelda have to let Harold know by Nov. 31, 1986).

Saul and Zelda cannot use the name Simon or Simon's or anything with the Simon name as a name for their store. Too confusing." Does the language contain the essential elements of a lease? Explain.

Simon v. Simon, 625 N.E.2d 564 (MA).

View complete question

Management Theories, Management Studies

Category:- Management Theories
Reference No.:- M92189284

Have any Question?Write your Review or question?

Related Questions in Management Theories

After paying 150 you are allowed to open a newspaper

After paying $1.50, you are allowed to open a newspaper vending machine freely (i.e. get as many as you want). In contrast, a soft drink vending machine only drops one can after you pay the same amount of money. Why? Ple ...

Questionthe class examined the joint commissions framework

Question: The class examined the Joint Commission's framework for root cause analysis of sentinel incidents in health care organizations. For purposes of this project, a critical incident is a key occurrence, but it is n ...

Firm a has been dealing in baby food products for the past

Firm A has been dealing in baby food products for the past 10 years and enjoys a good market share. Suppose a new firm enters the market to capitalize on the increasing demand for such products. However, the products of ...

Archetypes in actionsenge ross smith roberts amp kleiner

Archetypes in Action Senge, Ross, Smith, Roberts, & Kleiner (1994) noted: At its broadest level, systems thinking encompasses a large and fairly amorphous body of methods, tools, and principles, all oriented to looking a ...

Think about one effective and one ineffective leader who

Think about one effective and one ineffective leader who you have encountered. Determine how each leader was effective or ineffective in his or her leadership styles and explain your reasoning with support from sources a ...

Chapter- gravity modela manufacturer of cat towers wishes

Chapter- Gravity Model A manufacturer of cat towers wishes to locate a super assembly facility to meet their cat tower assembly needs for the next millennium. Currently, carpet, cylinders, yarn and fasteners are purchase ...

Assignment overview -this assessment item requires you to

Assignment Overview - This assessment item requires you to consider:- The operation of diverse and complex government and non-government project contractural arrangements relevant to a range of managed services, ICT, and ...

In chester barnards view an organisation can be efficient

In Chester Barnard's view, an organisation can be 'efficient' without being 'effective'. Discuss. Discuss your answer, with reference to the key relevant theoretical contributions and academic studies that were reviewed ...

Benchmark - community teaching plan community

Benchmark - Community Teaching Plan: Community Presentation Note: This is an individual assignment. Based on the feedback offered by the provider, identify the best approach for teaching. Prepare a presentation to accomp ...

Watch the lynda video wayne winston on analyticswrite a 4-

Watch the Lynda video, "Wayne Winston on Analytics." Write a 4- to 5-page proposal to your current or previous company's executives discussing how analytics can be used in your company to improve sales through your retai ...

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

Recent Questions

Ask Management Theories Expert