Question: Study each of the following case. Answer the questions that follow with Yes or No. Patsos rented a vacant warehouse for five years with the

Study each of the following case. Answer the questions that follow with Yes or No.

Patsos rented a vacant warehouse for five years with the stated purpose of opening a wholesale meat distribution company. It was necessary to install a number of large refrigerators and other kinds of equipment to process and store meat. At the end of the five years, Patsos decided to build his own warehouse and did not renew the lease. The day he began to remove his equipment, the landlord appeared and stopped the activity, claiming that the refrigerators and other equipment were fixtures because they were permanently installed and thus now belonged to the landlord.
a. Is it likely that a court would consider the refrigerators and other equipment to be fixtures and therefore the property of the landlord?

b. Is the determination of whether the landlord’s property will suffer damage an issue in this case?
c. Is there any way that Patsos could have conducted his business without installing
the equipment?

Step by Step Solution

3.40 Rating (163 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Essentials Business Law Questions!