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On September I5, Lubov agreed orally with Tim to lease a store to Tim in Manhattan at $5,000 per month for one year starting the
On September I5, Lubov agreed orally with Tim to lease a store to Tim in Manhattan at $5,000 per
month for one year starting the following January 1. (a) Is the oral agreement enforceable? Explain.
Assume that the ora/lease was for three years, that Tim moved in on January 1, and paid the monthly rent
for six months, and that Lubov then notified Tim to vacate. (b) Is the oral agreement enforceable by Tim
for the balance of the three-year term? Explain. (c) Is the oral agreement enforceable by Tim for an
additional six months? Explain
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