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[Copy]Copied!
In this scenario (iii), Copytech Ltd agrees to rent a photocopier to Kelly, Murphy & Co, Solicitors, for a period of two year. This method is often used by businesses which require using specific equipment but only for a limited time. It. is called leasing agreement. The lesses (the hirer) accepts to borrow goods from the lessor (the owner) during a specified time, in exchange of regular rental payments. (McKendrick, 2010) The maintenance of the goods is generally include in the leasing. agreement and belong to the responsibility of the lessor as it is the case in this scenario where Copytech consent to keep the equipment 'in good repair'. Goods provided under hire contracts are subject to the Supply of Goods and Services Act 1982 (Part 1). (as amended by the Sale and Supply of Goods and Services Act 1994 and the Sale and Supply of Goods to Consumers Regulations 2002). In this situation, (iii) Copytech Ltd. agreed to lease copiers Kelly Murphy. Co, a lawyer, a two-year period. This method is commonly used by businesses that require specialized equipment. For a limited time, it was called the agreement a leasing lesses (lessee) agrees to borrow money from the lessor (owner) in a given period, in exchange for rental payments normal (McKendrick 2010. ) maintenance of the product is generally included in the lease and are the responsibility of the landlord, as it was the case in this situation the consent Copytech to keep equipment in good repair 'products provide. Services under the leases subject to the provision of goods and Services Act 1982 (Part 1) (as amended by the Sale and Supply of Goods and Services Act 1994 and the sale and supply of products to consumers, 2002).
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