This topic contains a solution. Click here to go to the answer

Author Question: April 1965, Berkeley Heights Shopping Center leased 11,514 square feet of space to A & P ... (Read 96 times)

chandani

  • Hero Member
  • *****
  • Posts: 541
April 1965, Berkeley Heights Shopping Center leased 11,514 square feet of space to A & P Supermarkets. Under the terms of the lease, Berkeley agreed not to lease any other shopping-center space to another grocery store. On April 16, 1977, A & P informed Berkeley that it was ceasing operations and subleasing the premises to Drug Fair, a modern chain drug store that also sells foodstuffs. In 1985, Berkeley sought to lease other space in the center to another grocery store, and Drug Fair objected on the grounds of the covenant not to compete. Berkeley maintains the covenant only applies when the premises Drug Fair occupies are used as a grocery store operation. Who is correct?

Question 2

Managers of an LLC have the same fiduciary duties to the entity as corporate officers have to a corporation.
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

firehawk60

  • Sr. Member
  • ****
  • Posts: 315
Answer to Question 1

The court held the drug store could assert whatever rights the grocery store had. Berkeley Development Co. v. Great Atlantic & Pacific Tea Co., 518 A.2d 790 (N.J. 1986).

Answer to Question 2

TRUE




chandani

  • Member
  • Posts: 541
Reply 2 on: Jun 24, 2018
Gracias!


scottmt

  • Member
  • Posts: 322
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

For a complete list of videos, visit our video library