Question
Alex operates a pub in premises owned by Kevin. Due to poor business, Alex wishes to terminate the 3-year lease agreement after the end of
Alex operates a pub in premises owned by Kevin. Due to poor business, Alex wishes to terminate the 3-year lease agreement after the end of the first year. Accordingly, Alex voluntarily cancels the license to operate the pub. He then notifies Kevin that he is terminating the lease as he cannot operate the pub after cancelling the pub licence. Alex relies on a clause in the lease agreement that provides that "in the event of the license being revoked, cancelled or suspended, either party may terminate the lease agreement". Alex has validly terminated the lease and is not liable for breach of contract
A. True
B. False
(Kindly provide explanation as well)
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