Minimum Lease Payments Do Not Include

question 51

Multiple Choice

Minimum lease payments do not include

• A)any guarantee by the lessee of the residual value
• B)any payments on failure to renew or extend the lease
• C)executory costs
• D)minimum periodic rental payments

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Definitions:

Empathy

The ability to understand and share the feelings of another from their perspective; often described as putting oneself in another's shoes.

Golden Rule

A moral principle that suggests treating others as one would wish to be treated, promoting empathy and fairness.

Ethical Customer Service

The practice of treating customers with fairness, honesty, and respect, adhering to moral principles during service interactions.

Customer Needs

The requirements or desires that consumers expect to be fulfilled by a product or service.