Question

Luna leases a commercial to operate Mom's Diner. During the term of a lease, Luna installs a new roof and a walk-in cooler, and repaves the parking lot. Most likely to meet the definition of a trade fixture is_____________.a. the cooler.b. the parking lot.c. the roof.d. none of these choices.

Answer 1

a) the cooler

Step-by-step explanation:

When a tenant leaves a commercial property that he/she leased he can remove his personal items and some trade fixtures. For an item to be a trade fixture it should be:

1- a necessary product for doing business

2- removed without doing any damage to the property

3- removed from the property in a certain period of time.

The cooler only follows these conditions as compared to the other options.