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A bill of sale is a document that transfers ownership of goods from one person to another. It is used in situations where the former owner transfers possession of the goods to a new owner. Bills of sale may be used in a wide variety of transactions: to sell goods, exchange, give, or mortgage objects. They can be used only to transfer ownership ...
Vehicle leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash ...
An automotive assembly line at Opel Manufacturing Poland in 2015 SEAT, Škoda, and Volkswagen cars being transported by train in Kutná Hora, Czech Republic in 2014. The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles. [1]
The financial crisis of 2007–2008 cut almost a third of light vehicle sales from Chrysler, Toyota, Ford, and Nissan. It also subtracted about a fourth of Honda's sales and a seventh of sales from General Motors. [71] Since 2009, China has become the world's largest car manufacturer, producing more than Japan, the US, and Europe.
It allows a person the use of property for a fixed term, and the right to buy that property for the agreed residual value when the term expires. [1] Closed-end leases are so called because they run for a fixed term, and the lessor and lessee agree in the lease contract what the residual value of the property being leased will be.
The term is employed in legal, business, and consumer settings to establish that an item or property is being sold or provided in its current condition, [2][3] with no warranties or guarantees regarding its quality. [4][5] In legal contexts, the phrase "as is" is used in contracts, agreements and sales transactions. [6][7] It is used to ...
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