Hide Assignment Information Instructions Assignment Brief and Guidance 1.Hot Coffeehas been leasing a store to sell their custom coffee mugs. They purchased and installed cabinets, shelves, and a...

Assignment Brief and Guidance

1.Hot Coffeehas been leasing a store to sell their custom coffee mugs. They purchased and installed cabinets, shelves, and a counter to display and sell the mugs. What is the test used to determine if something is a fixture? Are these items considered personal property or fixtures? Will they belong toHot Coffeeor to the landlord when the lease expires?

2.IfHot Coffeeand the landlord decided to each contribute 50% to the purchase of a new location for theHot Coffeebusiness, what are two of the options they could use to buy the property together? What are the consequences for each option?

In your response, refer back to the relevant concepts and/or caselaw from your reading.

Submission Format

1. The length of your response is conditional on the question. Answer fully, but concisely.


2. Your submissions should be submitted via the assignment dropbox in .doc or .docx format, using 12 pt type and double spacing.
   
   


3. Late submissions will not be accepted, absent documented circumstances that made submission impossible.