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Lucas, the owner of a movie theatre, agrees to let Sadie sell popcorn, candy and soft drinks from a small room opening off of the
Lucas, the owner of a movie theatre, agrees to let Sadie sell popcorn, candy and soft drinks from a small room opening off of the lobby. The oral agreement between Lucas and Sadie provided that Sadie may only use the room while there is a movie in progress and that for this right Sadie will pay a monthly fee of $500. Which of the following statement is TRUE?
- (1)The agreement between Lucas and Sadie is probably a licence because Sadie is not given exclusive possession of the room by Lucas.
- (2)The agreement between Lucas and Sadie, if a licence, is not enforceable against a bonafide purchaser of the theatre.
- (3)The agreement between Lucas and Sadie, should be in writing and signed by both parties to ensure that it is enforceable.
- (4)All of the above statements are true.
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