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Question
Andy leases to Burgertown Franchise Corporation a 10,000 square-foot building under a written lease with a twenty-year term, rent payable annually. The lease includes a clause stating that Burgertown is responsible for making all necessary repairs, including rebuilding the structure after its destruction by any cause beyond Andy's control. The lease does not include a clause concerning its assignment. One day after the tenth rental payment, Burgertown, without Andy's knowledge or consent, assigns its interest in the lease to Chicken Hut Restaurants, Inc. Meanwhile, Andy dies and Dotty inherits Andy's interest in the building. Without the knowledge or consent of either Burgertown or Chicken Hut, Dotty sells the building to Earnest Investments, Inc. The next month, the building is destroyed in the flood of a nearby river. Burgertown rebuilds it and files a suit against Earnest for the expense. Earnest responds that the lease has terminated. Is Earnest correct? If so, when did the lease terminate? If not, is Earnest liable for the cost of rebuilding the structure? Why or why not?Answer
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Related questions
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b. Caleb only.
c. Delilah only.
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b. only under a court order (with or without Quikfeet's consent).
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Those who knowingly violate the Clean Air Act are exempt from criminal penalties.
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Vague generalities and obvious exaggerations constitute deceptive advertising.
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Antitrust legislation was created because of the belief that competition leads to lower prices.
Q:
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c. if the result more clearly concentrates the market and makes it more difficult for potential competitors to enter the market.
d. under no circumstances.
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d. is likely to increase competition.
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d. subject to analysis under the rule of reason.
Q:
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c. a distant possibility of success.
d. a distinct improbability of success.