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Assignment of Contract Rights You are a designer of children’s clothing and deci

Assignment of Contract Rights
You are a designer of children’s clothing and decide to open
a children’s clothing store. You find a nice place in a local mall and agree to
sign a one-year lease agreement that runs from September 1 to August 31. The
lease agreement specifies that the lease cannot be assigned without the mall’s
consent. In late May, you decide that this space is not attracting enough
customers, so you decide to assign the balance of your lease to Priscilla, who
owns a candle shop. The mall objects to the assignment and denies Priscilla
access to the space. You are certain that Priscilla is financially sound and
should be allowed the full rights and privileges of an assignee. Discuss fully
whether or not you or the mall is correct.

1. Discuss fully the elements of assignment.
2. Examine whether or not rights can be assigned if
prohibited in a lease contract.
3. Analyze the distinctions between commercial assignments
and residential assignments.

(150 words and cited work)Assignment of Contract RightsYou are a designer of children’s clothing and decide to open
a children’s clothing store. You find a nice place in a local mall and agree to
sign a one-year lease agreement that runs from September 1 to August 31. The
lease agreement specifies that the lease cannot be assigned without the mall’s
consent. In late May, you decide that this space is not attracting enough
customers, so you decide to assign the balance of your lease to Priscilla, who
owns a candle shop. The mall objects to the assignment and denies Priscilla
access to the space. You are certain that Priscilla is financially sound and
should be allowed the full rights and privileges of an assignee. Discuss fully
whether or not you or the mall is correct.1. Discuss fully the elements of assignment.2. Examine whether or not rights can be assigned if
prohibited in a lease contract.3. Analyze the distinctions between commercial assignments
and residential assignments.(150 words and cited work)

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