Val plans to open a surfboard store in husker point, Ask an Expert

Management Studies

Val plans to open a surfboard store in Husker Point, Nebraska. The surfboard business is new to Husker, Nebraska, but Val things there is an untapped market to be found. Val signs a contract with Husker Outlets to lease a space in their strip mall, which is currently under construction.

Val wants to protect herself in the event Husker Outlets breaches the lease agreement. For instance, what if Husker Outlets does not finish construction in time for the store's grand opening? How will Val recover her down payment and lost profits? What type of clause could she include and how will it protect her?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92480846

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