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Consumer Lease
A contractual agreement where a lessee (consumer) agrees to rent personal property for personal, family, or household purposes for a fixed period or indefinitely.
Article 2A
A set of laws within the Uniform Commercial Code that governs leasing of goods.
Confirmation Letter
A confirmation letter is a written document that acknowledges the details or arrangements of a prior discussion or agreement.
Counteroffer
A response to an offer in negotiations that modifies the terms of the original offer.
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