Examlex
A new shampoo advertisement on television identifies all of the wonderful benefits the consumer will enjoy when using one company's shampoo as opposed to another company's shampoo. What is this company seeking to convey in this television commercial?
Lessee
A person or entity that rents or leases property from another, known as the lessor, under the terms of a lease agreement.
Lessor
The party that leases or rents out a property or asset to another party, known as the lessee.
Contractual Agreement
A legally binding contract between two or more parties outlining terms and conditions of an agreement.
Par Value
The nominal value of a bond or stock as stated by the issuer, unrelated to its market value.
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