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Running head: CRITICAL ANALYSIS
Contract: Rental agreement
My first experience to enter into a contract involved a rental agreement with high-tech
agencies which was by then a local consultant. We agreed that I would rent one of their business
premises for a period of two years and thereafter I would relocate to my business to their new
premises which were under construction by then upon completion. The purpose of relocating my
business was to get a bigger space which would allow my business to grow. The agreement
required me to pay rent for six months prior to renting the premises, two months deposit and an
additional two-month deposit as a booking fee for their new premises (Burnham, 2014). In the
event that the agency chooses to relocate my business or if at will I choose to relocate, a sixmonth notice would be served either way.
Two months after signing the contract, high-tech agencies got a better deal from one of
the local banks which offered to pay up to three times in rent as compared to what we were
paying. The local bank needed the premises immediately in order to start their operations. Hightech could not decline the bank’s offer and therefore they served me with a one-week evacuation
notice. This was a tota...
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