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In January 2001, Mary Linn, vice chairman of Finance for Ocean Carriers, experienced to come to a decision no matter whether to accept an offered leasing agreement to the period of a few yrs. Within the occasion of acceptance of the above-talked about agreement, the revenue of the business would rely on the agreed employ the service of fees, functioning expenses, ship depreciation and inflation.
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In January 2001, Mary Linn, vp of finance for Ocean Carriers, a delivery business with workplaces in Ny and Hong Kong, was assessing a proposed lease of a ship for A 3-12 months period, beginning in early 2003. The customer was eager to finalize the agreement to meet his have commitments and supplied pretty appealing phrases.
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