Examlex
Which of the following would receive the highest priority?
End User
The ultimate consumer of a product or service, who uses it for its intended purpose.
Direct Lease
A lease agreement directly between a lessor and lessee, often used in commercial real estate, where the lessee assumes both the benefits and risks of asset ownership.
Independent Leasing Company
A firm that specializes in leasing equipment or vehicles to businesses or individuals, not affiliated with a manufacturer or vendor of the items leased.
Financial Lease
A long-term lease agreement where the lessee assumes both the rights and risks of asset ownership, effectively treating it as a purchase for accounting purposes.
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