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mojhsa [17]
2 years ago
12

Tenant terrell and landlord lorna enter into a commercial agreement wherein terrell will lease a small office space in a strip m

all from lorna for a period of five years. the contract does not have a right of first refusal. terrell does extremely well in the first year and wants to expand into an adjoining space when it becomes free in two months. lorna isn't particularly happy with terrell as a tenant and knows that she can do just as well leasing the space out to someone else. what are terrell's options
Business
1 answer:
krok68 [10]2 years ago
6 0

After entering into a commercial lease agreement, the answer is since there is no right of first refusal, all Terrell can do is ask Lorna whether she will lease the adjoining space to him.

<h3><u>What is a commercial lease agreement?</u></h3>
  • A commercial lease is an agreement for the rental of property between a landlord and a company. Because renting costs less money than buying, most businesses will prefer to do so.
  • Because the terms are changeable and change significantly from lease to lease, commercial lease agreements are more difficult than residential leases.
  • Understanding the terms of the lease, which outline each party's obligations and rights, is crucial before signing a business lease.

Verify that the conditions of a commercial lease agreement will suit the demands of the company before signing. Unfavorable outcomes may result from failing to establish requirements before signing a lease.

Know more about commercial lease agreement with the help of the given link:

brainly.com/question/14479023

#SPJ4

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Answer:

total cost of farming = $380

so correct option is d. $380

Explanation:

given data

cost of seeds = $130

Farmer Ziva charges = $25

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solution

so total cost of farming is calculated as

total cost of farming = cost of seeds + opportunity cost

so put value

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4 0
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Answer:

Cash flow from from financing activities = $490

Explanation:

<em>The cash flow from financing activities includes that entails any or a combination of the following; issuance and redemption of stocks , issuance and redemption of debts and payment of interest and/or dividend, and receipt of dividend and or interest.  </em>

Cash flow                                    $

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Capital stock issued                  <u>100 </u>

Net cash from financing activ.  <u>490</u>

Cash flow from from financing activities = $490

8 0
3 years ago
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Over here the buyer made the statement that he was aware that the CEO informed the board via email of a patent sale by Wayport that meant that the corporation would receive net proceeds.

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3 years ago
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ioda
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