UCI]I804:24011-200000232836Legal Study on Finance Lease Contracts • September 24th, 2005
Financialleasing isdefined asacontractthatthelesorletstheleseto useandprofitby theobjectthelesedesignatedby acquiring orborowing itsithoutdirectresponsibility ofmaintenance and management,the lese paysforitreguarly during theleasing term,and disposaloftheobjectafter terminationshalbeconsentedbyeachparty.
