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book Cengage Advantage Books: Law for Business 19th Edition by John Ashcroft,Katherine Ashcroft,Martha Patterson cover

Cengage Advantage Books: Law for Business 19th Edition by John Ashcroft,Katherine Ashcroft,Martha Patterson

Edition 19ISBN: 978-1305654921
book Cengage Advantage Books: Law for Business 19th Edition by John Ashcroft,Katherine Ashcroft,Martha Patterson cover

Cengage Advantage Books: Law for Business 19th Edition by John Ashcroft,Katherine Ashcroft,Martha Patterson

Edition 19ISBN: 978-1305654921
Exercise 9
As the operator of a baseball stadium, Metropolitan Entertainment Convention Authority (MECA) entered negotiations with Fall Ball Sports, LLC to bring a baseball team to the stadium. An officer of MECA sent Fall Ball Sports a draft lease agreement with blue editing marks which stated that MECA would lease the stadium to Fall Ball Sports for five years for the purpose of "presenting Northern League baseball games." Fall Ball Sports paid Northern League franchise and applications fees. However, the draft agreement between MECA and Fall Ball Sports was never signed by MECA. After Northern League ceased operations, MECA informed Fall Ball Sports that it was no longer interested in leasing the stadium. Fall Ball Sports argued that MECA had represented that the lease was a "done deal" and sued MECA for breach of contract. Was an oral lease agreement sufficient to bind MECA?
Explanation
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Statute of Frauds is a law enacted by En...

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Cengage Advantage Books: Law for Business 19th Edition by John Ashcroft,Katherine Ashcroft,Martha Patterson
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