Answer:
See explaination
Explanation:
The Issue : Gary being the lessor that leased his commercial property to John to conduct bakery business with an obligation to repair modified or damaged parts if any after lease term. However, John couldnt repair the same but paid $3,100 to Gary to cover the repair expenses.
The Legislation : The required Provision says that lessee is reponsible to keep the premises in good condition and to handover back to the lessor in the same condition as it was in the beginning of the lease period except normal wear and tear. Here damage to the building was not due to passage of time or Act of God . It was due to installation of Machinery and fixtures in the building by the lessee.
According to Polster, Inc. v. Swing, tenant was reponsible to repair the damage to the drop ceiling, ceiling tiles, interior walls, front door sill and jamb as it was not normal wear and tear.
Also in the case of Churchill Forge, Inc. v. Brown, there is no unjust in requiring a tenant to reimburse the expenses to landlord. As a result cost will shift to the tenant/lessee as the case may be.
In Conclusion : Thus it is the responsibilty of John to repair the property or else to reimburse the entire expenses incurred to Gary to put the building in good shape other than for normal wear and tear.
Here , the installing of machinery and fixtures should be considered as capital expenditure as lonterm benefit is determined. However, repairs at the end of the lease period will be categorised as revenue expenditure and considered in Profit & loss account for the purpose of tax.
A standardized test taken by most high school Juniors and Seniors in order to qualify for college admittance and scholarships
I just took the pre-SAT. I thought it was going to be harder than it actually was. When I took it, it took 3 hours. The first part was reading passages and answer questions about it. That was 1 hour. The next part is on grammar. You look at sentences and figure out if they used the right set of words or punctuation. That was 45 min. The 3rd and 4th part was on math. On the third part there was like 12 multiple choice questions and like 4 problems you had to work out. The fourth part had like 21 multiple questions. and 4 problems you had to work out.
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You must be lost
Considering the statement described above, this is a common error attributed to the user's browser.
This type of error is often attributed to two major causes, which are:
- Javascript is disabled or blocked by an extension. This is usually a result of ad blockers on your browser.
- Your browser does not support cookies.
To bypass such errors and access the website, ensure that Javascript and cookies are enabled on your browser and that you are not blocking them from loading before accessing the website.
Hence, in this case, it is concluded that this is a common error.
Learn more about Javascript here: brainly.com/question/16698901
