Law and Your Profession You are a designer of children’s clothing and decide to
ID: 2387795 • Letter: L
Question
Law and Your Profession
You are a designer of children’s clothing and decide to open a children’s clothing store. You find a nice space in a local mall and agree to sign a one-year lease agreement that runs from September 1 to August 31. The lease agreement specifies that the lease cannot be assigned without the mall’s consent. In late May, you decide that this space is not attracting enough customers, so you decide to assign the balance of your lease to Priscilla, who owns a candle shop. The mall objects to the assignment and denies Priscilla access to the space. You are certain that Priscilla is financially sound and should be allowed the full rights and privileges of an assignee. Discuss fully whether or not you or the mall is correct.
Explanation / Answer
Even though my opinion of Priscilla is that Priscilla is financially competent and should be allowed full rights and privileges to the mall space, my one-year contract specifically states that the mall has full control on who, and in this case, who not to allow access to the spaces available. Because my lease is a binding contract, by law the mall is right and my opinions are futile and invalid.
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