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All Jurisprudence based

0 tracked cards Remedial Law, Legal and Judicial Ethics, with Practical Exercises

The parties intend a one-year lease of a specified piece of equipment for fixed monthly rent. A draft says the owner permanently sells the equipment. What change best expresses the intended legal transaction?

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Leave both permanent ownership and temporary use irreconcilably stated Use operative lease language granting use for the agreed term and rent, with the lessor retaining ownership State that the lessee acquires ownership merely by paying the first rent Keep permanent sale language because labels control everything

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