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Which types of lawsuits enable survivors to collect compensation for the loss of a loved one when the loss has occurred without justification or legitimate excuse?
Conditional Sales Agreement Lease
A lease agreement where the lessee has the option to purchase the leased asset at the end of the lease term under agreed-upon conditions.
Financial Leases
Long-term leases that effectively transfer the risks and rewards of ownership from the lessor to the lessee, almost like a loan arrangement.
Amortized
Refers to the process of gradually writing off the initial cost of an asset over a period.
Capitalized
Expenses or costs that are recorded as an asset on a balance sheet rather than an expense, to be amortized or depreciated over time.
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