Question
Suzy rented from Teym a piece of land in Mechref in order to establish her jewelry store on it. The duration of the lease contract
Suzy rented from Teym a piece of land in Mechref in order to establish her jewelry store on it. The duration of the lease contract was 5 years. 4 years later, Suzy decides to sell her jewelry business to Ramy for an amount of 5000$. Teym refuses to transfer the lease contract to Ramy claiming that he has leased the land to Suzy only because she was his school friend and he knew her on a personal level.
What is the law applicable on the relationship between Suzy, Teym and Ramy? Explain your answer. What are the professional obligations imposed on Suzy and later on, upon Ramy? Can Teym refuse the transfer of the lease contract? Explain. What are the obligations imposed on the new buyer, Ramy? What are Teyms rights regarding the sale of the jewelry store? What is the other type of contract that could have been concluded over the above-mentioned business? Explain its main features. Suzy is a married woman. Her husband, Nabil, filed a law suit against his wife in order to forbid her from opening her own business. Discuss this point. After acquiring the business, Ramy, the new owner concludes a commercial representation agreement with a prestigious French jewelry brand. What does the exclusive clause contained in contract refer to?
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