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Acme Sign Company Wants the Right to Erect a Billboard

Question 24

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Acme Sign Company wants the right to erect a billboard sign on Farmer Jeff's property. Farmer Jeff and Acme agree that Acme can obtain a license to erect and use a billboard sign on Farmer Jeff's property for $10,000. They enter into a written license agreement and Acme pays Jeff $10,000. A year later Farmer Jeff decides he hates the sign and tells Acme that the license is terminated and the sign must be removed. Does Jeff have the legal right to do this? Explain your answer.

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Acme acquired a license from Farmer Jeff...

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