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Robert Leased an Apartment from Universal Apartments for $600 Per

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Robert leased an apartment from Universal Apartments for $600 per month,signing a one-year lease.After two months,Robert's employer transferred him out-of-state,so Robert cannot use the apartment anymore.However,Robert's friend Sam would like to take over the apartment.Robert would like to assign his lease to Sam,but the lease contains a clause that allows assignment only with the consent of the landlord.The landlord refuses to consent to the assignment,because he could now end Robert's lease and rent the apartment for $800 per month.Sam would be just as good a tenant as Robert.Discuss the validity of the anti-assignment clause.

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Definitions:

Corporation Income Taxes

Taxes applied to the income or profit of corporations.

Small Corporations

These are businesses that are smaller in size, often categorized by fewer employees or lower annual revenue.

Income

The flow of cash or its equivalent received from work or investments over time.

Investment

The allocation of resources, usually financial, to assets or projects expected to generate future profits or benefits.

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