Which of the Following Statements About Trade Fixtures Is False

question 66

Multiple Choice

Which of the following statements about trade fixtures is false?

• A)The tenant cannot remove the trade fixtures if doing so would cause substantial damage to the landlord's realty.
• B)If the tenant has a defined lease term,he is to remove the trade fixtures by the end of the lease period.
• C)Trade fixtures show the intent of the tenant to create a permanent improvement to the leased premises.
• D)Trade fixtures not removed within the appropriate time become the landlord's property.

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Definitions:

Disinflation

A reduction in the rate of inflation, indicating a slowdown in the increase of price levels across the economy, but not an absolute decline in prices.

Deflation

A decrease in the general price level of goods and services, often caused by a reduction in the supply of money or credit.

Wages

Payments made to workers for their labor, typically based on hours worked or amount produced, and a key factor in employment contracts.

Rent

Payment made periodically by a lessee to a lessor for the use of land, a building, or another property.