View the step-by-step solution to:

Question

Mr Twaddle decided to acquire a sushi bar business. He borrowed heavily to purchase the business. The business was

located in the premises leased from the landlords, who happened to be PipPop. The lease of the premises was due to expire but it contained an option to renew, which Mr Twaddle knew about. Nevertheless, after Mr Twaddle took over the business from the seller of the sushi bar, he failed to exercise the option to renew the lease. As a consequence, he was left with the prospect of substantial loss. PipPop initially refused to extend the time for the exercise of the option. However, after negotiations, PipPop agreed that they would extend the option for a sum of $50,000. Mr

Twaddle made the payment in protest and then renewed the lease. Mr Twaddle knows that you are studying Commercial Law and comes to you for advice as to whether he has a strong case against PipPop for unconscionable conduct.


Advise Mr Twaddle.

Top Answer

Sign up to view the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
Ask a homework question - tutors are online