Copenhaver, the owner of a laundry business, contracted with Berryman, the owner of a large apartment complex,
Question:
Copenhaver, the owner of a laundry business, contracted with Berryman, the owner of a large apartment complex, to allow Copenhaver to own and operate the laundry facilities within the apartment complex. Berryman terminated the five-year contract with Copenhaver with forty-seven months remaining. Within six months, Copenhaver placed the equipment into use in other locations and generated at least as much income as he would have earned at Berryman’s apartment complex. He then filed suit, claiming that he was entitled to conduct the laundry operations for an additional forty-seven months and that, through such operations, he would have earned a profit of $13,886.58, after deducting Berryman’s share of the gross receipts and other operating expenses. Decision? Explain.
Step by Step Answer:
Essentials Of Business Law And The Legal Environment
ISBN: 9781337555180
13th Edition
Authors: Richard A Mann, Barry S Roberts