Jackie Sinatra Symphonic Supplies, Inc., an Oklahoma corpora…

Jackie Sinatra Symphonic Supplies, Inc., an Oklahoma corporation, has been negotiating with Riddle Equities V, LP, a Florida limited partnership, to lease one of Riddle’s downtown Palm Beach buildings. Sinatra is very private about its finances and operations, and has insisted its broker includes a non-disclosure/confidentiality agreement in the Letter of Intent between Riddle and Sinatra. In order to strengthen the LOI’s confidentiality/non-disclosure provision, this clause has been made specifically   _____________________  in the Letter of Intent. (Select one answer only.)

Cashiers Quarters is an ultra-luxury residential cooperative…

Cashiers Quarters is an ultra-luxury residential cooperative in Highands, North Carolina, and is controlled by the CQ Owners Association (which operates as a traditional member-based non-profit corporation). Cashiers Quarters’ most expensive unit has a value of $9,000,000. London and Langdon Carter reside in Unit 27. Unit 27 is 3,000 square feet, has three bedrooms and three-and-a-half bathrooms, the highest level of upgraded appliances, and a “top-shelf” outdoor kitchen. It also has a 270ᴼ wrap-around deck overlooking the beach. The Carters have received an offer to sell their Unit 27 interest to Peter and Cyndi Solomon. The Carters and the Solomons sign a cooperative purchase and sale agreement, and arrange for the Closing. Assuming no additional facts, the Carters and the Solomons can close the transaction following approval by: (Select one answer only.)

Hope & Squire Bass Guitars and Amps Co., a Kansas corporatio…

Hope & Squire Bass Guitars and Amps Co., a Kansas corporation, is expanding its retail store and music school by leasing a retail suite at the second floor of the Fort Clark Music Mall. The suite is just perfect for Hope & Squire – it is located near a subway station, has a well-operated parking garage, and the rear of the suite can be easily built-out for instrument demonstrations/try-outs and lessons. Hope & Squire typically uses R. Valory Contractors to conduct its improvement work. Fort Clark Music Mall has a mortgage with F. Sheehan Financial Services. In order to properly observe the covenants of its mortgage, and to protect its interests, Fort Clark Music Mall includes a(n) _____________________ paragraph in its lease to Hope & Squire. (Select one answer only.)

Hume Philosophy Bookstore is considering a lease at the Kant…

Hume Philosophy Bookstore is considering a lease at the Kant Thought Mall. While Hume is the top-of-the-line special interest bookseller in the world, it is actually a small company and does not have the operational capacity to administer the improvements in a stand-alone building. Kant happens to have a vacant 1,800 square foot outparcel available which meets Hume’s particular location, size, and customer-base needs, although the building on the outparcel was previously used as a full-service pizza restaurant. Kant will repurpose and completely finish-out the building for Hume per Hume’s architect’s plans. Given the facts as presented Kant and Hume enter into a  _____________________  lease. (Assume no additional facts or special circumstances.) (Select one answer only.)