Firas, the owner of the business concern Coffee & Latte , located on the premises...
90.2K
Verified Solution
Link Copied!
Question
Accounting
Firas, the owner of the business concern Coffee & Latte , located on the premises of Farah, decided to sell it and notified Farah of his intention. After one month, Firas signed a sale contract with Maria and transferred the business concern without determining which elements exactly have to be included. Maria, a pharmacist, replaced the Coffee Shop by a pharmacy. The landlord Farah objected on this sale because there is a clause in the contract signed between Firas and Farah that forbids any transfer of the business concern to a third party.
Which of the following statements is a reason for the termination of the lease contract? *
Farah has not been notified to exercise his preferential right
Maria can change the nature of the coffee shop to a pharmacy
Maria cannot change the nature of the coffee shop to a pharmacy
Firas is not allowed to transfer the business concern to a third party
Which of the following elements in the Coffee & Latte shop cannot be transferred to Maria? *
The lease rights
The customers
The equipment
The commercial name
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
