Assignment:
IBM leased space from South Road Associates (SRA) in 1981 for certain manufacturing operations. The lease contained a typical provision that at the end of the lease term, the “premises” be returned in “good order and condition.” Throughout the lease, the “premises” were referred to separately from the land, parking lot, and the building itself. SRA sued IBM in January 2000, claiming that IBM had breached the lease and had not returned the property in good working order and condition because it had contaminated some of the property’s soil by installing an underground storage tank that had leaked. IBM’s defense was that the term “premises” would only include the interior of the building and not the grounds outside. Is this a good argument? (South Road Associates, LLC v. International Business Machines Corporation, 216 F.3d 251)
Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.