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S 4.1 Presto Hospitality-Lease Scope In Case Study 3.5, you researched whether Presto has the right to substantially all economic benefits from use of the
S 4.1 Presto Hospitality-Lease Scope In Case Study 3.5, you researched whether Presto has the right to substantially all economic benefits from use of the identified assets. Now, research whether Presto has the right to direct use of the identified assets. In doing so, assume that the stadium owner has the right, per contract, to require Presto to change the "concept" offered at the concession stands at its option. For example, Stadium Owner could require that a hot dog stand be changed out for a pizza concept. However, assume, in practice, that the stadium owner may only exercise this authority once per year, perhaps for one concession stand out of the several stands run by Presto. Also, assume that Presto can recommend pricing to the stadium owner, but the ultimate approval authority rests with the stadium owner. a necessary identify additional questions you might ask - or facts you might gather in order to fully research
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