The system marks the videos as rented for the default period and prints a receipt for the transaction.

Through the market plunge of the late 1970s and the Reagan boom of the 1980s, Mr Fossett rented out exchange memberships in Chicago and New York, making a fortune.

Is the consent of, or notice to, third parties (such as lessors) required? Will the transaction breach any agreements or give lenders the right to accelerate any indebtedness?