What is a classic example of trade equipment or fixtures?

Trade equipment or fixtures are items that are typically installed or attached to a property and are used in the business operations of a specific trade. They are often considered integral to the functioning of the business. In the case of a barber shop, chairs and sinks are not only necessary for providing services but are also fixed in place, making them fixtures of the establishment.

These items are specifically tailored for the barbering profession, illustrating the operational needs of that business. As such, they are vital to the trade and classified as fixtures due to their permanency in the business environment.

On the other hand, portable generators, lawn mowers, and office computers do not meet the same criteria. Portable generators can be easily moved and typically do not become part of the property. Lawn mowers, while essential for landscaping businesses, are not fixed and can also be transported. Office computers, although critical to business operations, are generally not classified as fixtures because they are standalone equipment and not typically attached to the business premises. Thus, the example of chairs and sinks in a barber shop best illustrates the concept of trade equipment or fixtures.