1. Identify the categories of legal interests in physical property?
2. Describe two ways a common carrier's liability may be limited?
3. Describe the legal interests of tenants regarding these:
A. Improvements and betterments
B. Trade fixtures
Application Question
4. Grocery Store operates its business from a building owned by Leasing Company. Grocery Store has made numerous improvements to the building, including permanent walls that separate the retail section of the store from the storage section of the store. Grocery Store has also added merchandise shelves (called gondolas) that form the aisles of the store. What responsibility, if any, would Leasing Company have to Grocery Store for damages to Grocery Store's improvements?