
Business Law 13th Edition by Frank Cross, Kenneth Clarkson, Roger LeRoy Miller
Edition 13ISBN: 978-1133046783
Business Law 13th Edition by Frank Cross, Kenneth Clarkson, Roger LeRoy Miller
Edition 13ISBN: 978-1133046783 Exercise 5
Assignment Marsala, a college student, signs a one-year lease agreement that runs from September 1 to August 31. The lease agreement specifies that the lease cannot be assigned without the landlord's consent. In late May Marsala decides not to go to summer school and assigns the balance of the lease (three months) to a close friend, Fred. The landlord objects to the assignment and denies Fred access to the apartment. Marsala claims that Fred is financially sound and should be allowed the full rights and privileges of an assignee. Discuss fully who is correct, the landlord or Marsala.
Explanation
The assignment was barred by the agreeme...
Business Law 13th Edition by Frank Cross, Kenneth Clarkson, Roger LeRoy Miller
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