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In which of the following ways do postcommunist success stories like Hungary,Poland,and the Czech Republic differ from countries with less successful records like Romania,Bulgaria,Croatia,and Serbia?
True Lease
A True Lease, in legal terms, refers to a lease agreement where the lessor retains the benefits of ownership, and the lessee has the right to use the equipment or property but does not gain any equity in it.
Commercial Lease
A legally binding contract used when renting business property to or from another individual or company.
Lessor
The owner of a property or asset who leases it out to another party, known as the lessee, under a rental agreement.
Involuntary Bailment
A situation where an individual unintentionally comes into possession of someone else's property and has a legal duty to take care of it.
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