Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

73-75 Main Avenue, LLC, agreed to lease a commercial property to PP Door Enterprise, Inc. if its principal officers executed personal guarantees and provided credit

73-75 Main Avenue, LLC, agreed to lease a commercial property to PP Door Enterprise, Inc. if its principal officers executed personal guarantees and provided credit information. Nan Zhang signed the lease as manager of PP Door. The principals of PP Door signed the lease and guaranty agreements. When PP Door failed to make monthly payments, the lessor sued PP Door and its owner, Ping Ying Li. Li testified that she was the sole owner of PP Door but denied that Zhang was its manager. She also denied signing the guaranty agreement. She claimed that she had signed the credit authorization form because Zhang had told her he was too young to have good credit. Li claimed to have no knowledge of the lease agreement. She did admit, however, that she had paid the rent because Zhang had been in a car accident and had asked her to help pay his bills, including the rent. [73-75 Main Avenue, LLC v. PP Door Enterprise, Inc., 120 Conn. App. 150, 991 A.2d 650 (2010)] (SeeLaws Assisting Creditors.) (462, Miller)

  1. Li argued that she was not liable on the lease agreement because Zhang was not authorized to bind her to the lease. Do the facts support Li? Why or why not?
  2. Li claimed that the guaranty for rent was not enforceable against her. Why might the court agree?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essential Criminal Law

Authors: Matthew R Lippman

1st Edition

1452276935, 9781452276939

More Books

Students also viewed these Law questions

Question

=+a reduction in sales orders, what actions would you take and why?

Answered: 1 week ago

Question

Define line and staff authority

Answered: 1 week ago

Question

Define the process of communication

Answered: 1 week ago

Question

Explain the importance of effective communication

Answered: 1 week ago

Question

* What is the importance of soil testing in civil engineering?

Answered: 1 week ago

Question

Identify and discuss learning style differences across cultures

Answered: 1 week ago