Ask Question
BusinessBusiness
27 April, 13:34

Nick has a profitable liquor store and plans to open up another liquor store in a neighboring community. He contacted the landlord of a shopping center with a vacant storefront. To his surprise, his request for a lease was denied. What most likely prevented the landlord from leasing to Nick?

+1
Answers (1)
  1. 27 April, 13:36
    0
    Licensing Clause

    Explanation:

    What most likely prevented the landlord from leasing to Nick is alicensing clause.

    In the event that an express provision in the lease contract of the landlord is absent, the landlord has an absolute right to refuse consent to alterations outside the lease.

    There could be certain restrictions in the lease agreement as well which will determine the kind of businesses the landlord is permitted to allow.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Nick has a profitable liquor store and plans to open up another liquor store in a neighboring community. He contacted the landlord of a ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
How can different ways of communicating lead to misunderstanding?
Answers (2)
It costs Glenwood, Inc. $82 per unit to manufacture 1,000 units per month of a product that it can sell for $122 each. Alternatively, Glenwood could process the units further into a more complex product, which would cost an additional $36 per unit.
Answers (1)
We assume that the representative consumer's preferences exhibit the properties that a. each consumer has one strictly preferred good and that consumption and leisure are both normal goods. b.
Answers (1)
If you borrow money from a lending institution and agree to pay back the original amount plus the accrued interest, what does it signify? A. credit from the lending institution B. you are a creditor in the Lending institution's account C.
Answers (1)
Which describes the difference between a trade surplus and a trade deficit? A trade surplus is when a country exports more than it imports, while a trade deficit happens when imports exceed exports.
Answers (1)
New Questions in Business
Units to be Assigned Costs Oak Ridge Steel Company has two departments, Casting and Rolling. In the Rolling Department, ingots from the Casting Department are rolled into steel sheet.
Answers (1)
Select all the correct answers Amber is writing to an accountant that she would like to interview to gain information about the career field. What information should she include in her letter? A.
Answers (2)
What is the acid-test ratio for a merchant with the following account balances? (Round your answer to two decimal places.
Answers (2)
When the market fails to adjust for the full costs of a firm's behavior, this is called?
Answers (1)
What is the basic formula of the malthus theorem?
Answers (1)
Home » Business » Nick has a profitable liquor store and plans to open up another liquor store in a neighboring community. He contacted the landlord of a shopping center with a vacant storefront. To his surprise, his request for a lease was denied.
Sign Up Forgot Password?