In October 2011, Black, the owner of the Grand Opera House, and Harvey entered into a written

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In October 2011, Black, the owner of the Grand Opera House, and Harvey entered into a written agreement to lease the opera house to Harvey for five years at a rental of \($300,000\) a year. Harvey engaged Day as manager of the theater at a salary of \($1,175\) per week plus 10 percent of the profits. One of Day’s duties was to determine the amounts of money taken in each night and, after deducting expenses, to divide the profits between Harvey and the manager of the particular attraction playing at the theater. In September 2016, Day went to Black and offered to rent the opera house from Black at a rental of \($375,000\) per year, whereupon Black entered into a lease with Day for five years at this figure. When Harvey learned of and objected to this transaction, Day offered to assign the lease to him for \($600,000\) per year. Harvey refused and brought an appropriate action against Day.
Should Harvey recover? If so, on what basis and to what relief is he entitled?

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Business Law And The Regulation Of Business

ISBN: 9781305509559

12th Edition

Authors: Richard A. Mann, Barry S. Roberts

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