1.6 The costs of the goods are the purchase price of the goods, plus the VAT levied by the VAT Act. 24. When the machines and appliances mentioned are lost or completely destroyed or damaged by fires, floods or earthquakes or for any other reason, the lessee must make good the damage suffered by the company, the loss corresponding to the market price of existing machinery and equipment or the purchase price mentioned above in clause (3). according to the largest amount, provided that the amount of the insurance entitlement received is, where appropriate, adjusted in relation to that price. Since ownership is only transferred at the end of the contract, lease purchase plans offer the seller more protection than other methods of selling or renting unsecured items. This is due to the fact that items can be picked up more easily if the buyer is not able to track refunds…

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