Rondale opened a mortgage loan refinancing office for a five-year term in a mall store near the
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Rondale opened a mortgage loan refinancing office for a five-year term in a mall store near the food court. When interest rates rose and the refinancing market disappeared, she assigned the remaining two years on the lease to Constantine. When Constantine’s business failed and he defaulted on the rent payments, the mall billed Rondale for them. Is Rondale liable?
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Rondale is not liable for Constantines rent payments because the ...View the full answer
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