Business law

In September 2019, Samantha Jones and Heather Smith both decided to voluntarily move out of their respective parents’ homes and to rent a townhouse together in order to be closer to their jobs.  Jones and Smith were hired on the same day by Verizon and quickly became friends.  Neither graduated from High School and both young ladies had worked full-time at Verizon for about a year when they verbally agreed to a two-year lease with Fantasy Townhomes of Hoboken, a New Jersey Partnership.  Samantha Jones, the older of the two ladies, turned 17 the week after they entered into this verbal lease agreement and both continued to be employed by Verizon at all times referred to herein.  Fred Johnson negotiated the oral lease as a Principal of the Partnership after having had a three-martini lunch with an old college buddy.  Fred was unable to find his standard written lease after Samantha and Heather agreed to a monthly rental of $1,600 for a two-year term and, thus, concluded their deal with a smile and a handshake.