Which Is an Advantage of Leasing from a Lessee's Viewpoint

question 113

Multiple Choice

Which is an advantage of leasing from a lessee's viewpoint?

• A)The asset can be acquired without having to make a substantial down payment.
• B)The lease is a way of indirectly making a sale.
• C)"Off-balance-sheet financing" may be avoided.
• D)The risk of obsolescence may be increased.

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Definitions:

Online Executor

An online executor could refer to a program or service that runs or manages tasks and processes over the internet, however, if implying a legal term, it lacks precise definition in traditional law.

Unscrupulous Fraud

This term describes fraudulent activities conducted without moral principles, often involving deceit or trickery.

Account Hijacking

Unauthorized access and misuse of an individual's personal account information, often for fraudulent purposes.

Online Estate Planning

The process of arranging the management and disposal of a person’s estate via internet platforms, often including the creation of wills and trusts.