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What is contract and execution?

April 26, 2017contract execution

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What is contract and execution?

1 Answer

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10 Posted

Based on negotiated terms and estimated acquisition cost of the equipment, a contract is signed between you and us, which is called lease contract. The lease is executed on the basis of actual acquisition cost on delivery or installation of the equipment. At the time of execution, the actual payment schedule is fixed and you are required to start paying the rental.