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Briefly explain the nature of internal-operational communications and the tone used in such messages.
Companies
Legal entities formed by individuals, shareholders, or stakeholders with the purpose of operating for profit, engaging in commercial, industrial, or professional activities.
Bargain Purchase Option
An option in a lease agreement that allows the lessee to purchase the leased asset at the end of the lease term at a price significantly below its expected fair market value.
Executory Costs
Executory costs are expenses associated with fulfilling the terms of a contract, typically not included in the initial acquisition cost of an asset.
Guaranteed Residual Value
The minimum future value of an asset as guaranteed by a third party or agreement upon the asset's lease end.
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