Question
Sue signs a lease for a commercial space. Sue agrees to make monthly rental payments before the 5th of each month. The lease does
Sue signs a lease for a commercial space. Sue agrees to make monthly rental payments before the 5th of each month. The lease does not specify the termination date of the lease. 1) What type of lease does Sue have and why? 2) What would or would not make this lease a better contract? 3) From what you know in front of you, can a commercial lease not have an end date and why?
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Sues Commercial Lease 1 Type of Lease Based on the limited information provided Sue likely has a monthtomonth lease Heres why No specified termination ...Get Instant Access to Expert-Tailored Solutions
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Introduction To Business Law
Authors: Jeff Rey F. Beatty, Susan S. Samuelson
3rd Edition
978-0324826999, 0324826990
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