Abstract:Leasing is an agreement between a party and another party who binds himself to give the other party the enjoyment of an item for a certain time with payment according to the price the party can afford to pay. In this case, the parties to the lease agreement also have rights and obligations, as for what is the right of the renting party is to receive a predetermined rental price. While in Article 1550 paragraph (1) of the Civil Code, the obligation for the renting party in the lease agreement is to deliver the … Show more
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