A Financial Arrangement That Enables a Business to Purchase a House

question 18

Multiple Choice

A financial arrangement that enables a business to purchase a house and sell it to a financial institution that in turn gives a long-term lease of the property back to the business is called

• A)a saleback.
• B)a leaseback.
• C)a mortgageback.
• D)a loanback.
• E)a purchaseback.

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Definitions:

Securities Exchange Act

A U.S. law governing the trading of securities, aimed at protecting investors through transparency and fairness.

Securities Exchange Act

A U.S. law governing the trading of securities (stocks, bonds, and securities futures) to protect investors against manipulation.

Insider Trading

The unauthorized use of secret information for making profitable trades on the stock market to benefit oneself.

Exemption From Registration

A situation where a party is relieved from the requirement to register information or activities with a governmental or regulatory authority.